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Sunday, 27 September 2009 - Socialists tipped for narrow win in Portugal vote | International |
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    Read more with google mobile : Socialists tipped for narrow win in Portugal vote | International |

    My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Socialists tipped for narrow win in Portugal vote Sun Sep 27, 2009 9:09am EDT   Email | Print | Share | Reprints | Single Page [-] Text [+] By Axel Bugge LISBON (Reuters) - Portuguese voted Sunday in an election that that the ruling Socialists were expected to win but without an absolute majority, producing greater political uncertainty at a time of serious economic challenges. Prime Minister Jose Socrates, an energetic 52-year-old, is expected to win about 38 percent of the vote, according to the last opinion polls, meaning his center-left Socialists would be unable to replicate their current majority rule. His challenger is Manuela Ferreira Leite, 68, leader of the center-right Social Democrats, who has campaigned for vigorous public sector spending cuts to reduce growing debt caused by the worst economic recession in decades. With unemployment at 9.1 percent and rising -- the highest since the 1980s -- many Portuguese appear to be turning to left-wing parties, which could post the biggest gains since the 2005 election. Central Lisbon was quiet on a sunny Sunday as the main candidates cast their votes, urging voters to turn out. Opinion polls showed many voters had not decided whom to vote for or whether to vote at all. "It's a very important choice for the Portuguese for the years to come," Socrates told reporters after casting his ballot in central Lisbon. "The country is facing serious challenges and all have to partake in that choice." Some voters were worried about the outcome, especially with serious economic problems and the possibility no party winning a majority in the 230-seat parliament. CAN THEY FIX IT? "I don't think they'll fix the country's problems, I don't think they can put it right," said Antonio Jose Castela, 56, a pensioner preparing to vote in Lisbon. "They should form a coalition but I think it will be more difficult that way." The Socialists received 45 percent of the vote in 2005, giving them 121 parliament seats under the country's proportional representation system. The majority allowed them to clean up public finances and carry out reforms of pensions and the civil service in their first term. Whoever wins will have not only to repair the economy after its deepest recession for decades but also to rectify long-term economic weaknesses which caused it to underperform its European partners in the past decade. Between 2001 and 2005 period average growth was just 0.9 percent, far below the euro zone's average of 1.5 percent. As a result, it is western Europe's poorest country, with a per capita gross domestic product of 15,600 euros ($22,910), nearly half of the euro area average of 28,300 euros. Political analysts said a minority government would not be a disaster but could curb Socrates' ability to carry out ambitious reforms or undertake big infrastructure projects. Socialist former Prime Minister Antonio Guterres ruled with a minority. "If the Socialists get 38 percent of the vote as the polls indicate, it is not the worst of situations for their survival, it has been done in the past," analyst Antonio Costa Pinto said. Analysts say Socialists and Social Democrats may have to cooperate on some issues, particularly on public finance and the 2010 budget.  Continued... View article on single page   Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn     Next Article: Philippines seeks typhoon aid, battles to avoid backlash     Analysis U.S. plan B for Afghanistan has its own problems While U.S. President Barack Obama wrestles with the idea of committing more troops to Afghanistan, a counter proposal is also on the table -- trim American forces and focus narrowly on counter-terrorism.   Full Article | Full Coverage  More International News Merkel centre-right hopes at risk as Germans vote Philippines seeks typhoon aid, battles to avoid backlash Honduras de facto government sets deadline over crisis   |  Video Afghan cabinet minister escapes Taliban attack Iran test-fires missiles amid nuclear tension More International News... More News Portugal to vote, ruling Socialists seen winning Saturday, 26 Sep 2009 06:36pm EDT  Editor's Choice Slideshow  A selection of our best photos from the past 24 hours.   Slideshow  Most Popular on Reuters Articles Video Crawford says Time Warner will sell magazine unit UPDATE 4-Polanski arrested in Switzerland on U.S. warrant Man sues BofA for "1,784 billion, trillion dollars"  |  Video Poland okays forcible castration for pedophiles Iran test-fires missiles amid nuclear tension Movie-maker Polanski arrested in Switzerland More tax cases vs wealthy, U.S. banks Merkel centre-right hopes at risk as Germans vote ANALYSIS-Will "It worked" come back to haunt G20? Obama scores twin coups on Iran, economy Most Popular Articles RSS Feed Video  Arrests over Mexico clinic deaths. Taliban commander captured Hip-hop gig Muslim ban lifted UN condemns harassment in Honduras. Iran defends new uranium plant Cyborg beetle flies by wireless Deadly blasts hit northwest Pakistan Double bombing hits NW Pakistan Pope backs Czech Catholics Obama hails progress at G20 Most Popular Videos RSS Feed analysis Good news on environment, but can it last? There's nothing like a recession to help clear the air of toxins and drive down pump prices -- but we all know it can't last. Or can it?   Full Article  Video: China's coal addiction hurts climate Slideshow: Environment watch Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Labs  |  Journalism Handbook  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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