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Europe Daily Bulletin No. 10392

7 June 2011
GENERAL NEWS / (ae) eu/portugal
Right wing to introduce austerity plan

Brussels, 06/06/2011 (Agence Europe) - With nearly 40% of the vote, the Social Democratic Party of Portugal (PSD), headed by Pedro Lassos Coelho, won the Portuguese general elections of Sunday 5 June, outstripping the outgoing Socialist party headed by José Sócrates (24%). Lassos Coelho says that he will implement the structural adjustment programme negotiated with Portugal in return for an international three-year loan of €78 billion (see EUROPE 10380). The centre-right PSD is likely to...

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