Portugal’s ruling centre-right coalition has retained power in a general election seen as a referendum on its austerity policies, but near-complete results indicated it has lost its absolute majority in parliament. Prime minister Pedro Passos Coelho’s Portugal Ahead coalition took 38.6% of the vote, according to the partial results, against 32.4% the opposition Socialists of former Lisbon mayor Antonio Costa. Costa, who campaigned on a promise of easing some of the painful reforms imposed on western Europe’s poorest country, was quick to concede defeat but ruled out stepping down as party leader. “The Socialist party did not achieve its stated objectives, and I take full political and personal responsibility,” Costa told supporters in the capital. But he added: “I will not be resigning.”Full Article: Portugal election: centre-right coalition retains power but could lose majority | World news | The Guardian.
Oct 5 2015