Thursday, March 24, 2011

Portuguese Prime Minister Steps Down

Portuguese Prime Minister Jose Socrates has stepped down after the parliament voted against the latest package of austerity measures offered by his minority government.

Socrates announced his resignation on Wednesday as EU members are expected to hold a key summit on the eurozone debt crisis on Thursday.

"The opposition removed from the government the conditions to govern. As a result I have presented my resignation to the president," he said after his meeting with President Anibal Cavaco Silva, AFP reported.'


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