Another Third Way Democrat Victory!

Given the choice between Republicans and Republicans Lite, Republicans will win every time.

Portugal’s Social Democrats Defeat Socrates, Hand Coelho Coalition Chance

By Joao Lima, Bloomberg News

Jun 5, 2011 3:14 PM ET

The Social Democrats won between 37 percent and 42 percent of the vote, showed the poll by state-run RTP television. The Socialists, who ruled with a minority since 2009, won between 26 percent and 30 percent of the vote. The People’s Party took between 11 percent and 14 percent of the vote.

RTP’s forecasts gave Coehlo’s Social Democrats between 104 and 114 seats and the People’s Party between 22 and 28 seats. The ruling Socialist Party won between 67 and 77 seats in parliament, according to the projection, down from 97.

All three major parties have committed to austerity measures that aim to cut the deficit to the European Union ceiling of 3 percent of gross domestic product by 2013 from a forecast 5.9 percent this year.

The economy is set to shrink this year and unemployment rose to 12.4 percent in the first quarter.

Another such victory and I come back to Epirus alone.


Comments have been disabled.