tagged w/ Socialist Party
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France's Socialist party won the majority of French parliament seats in Sunday's election. We're taking a closer look at this story from the Current community. Check it out and add your two cents:
Socialists Win Complete Majority of French Parliament in Historic Elections !
Submitted by kennymotown
Yesterday, French voters gave 314 parliamentary seats to the Socialist party, which constitutes an absolute majority in their government. President François Hollande, a member of the Socialist party, had urged voters to give his party the majority to better navigate the Eurozone financial crisis.
France's Socialist party won the majority of French parliament seats in... more
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"ATHENS, Greece – Greece's prime minister announced a barrage of spending cuts Monday, promising to control a ballooning government budget deficit and warning that the country risked drowning in debt.
George Papandreou called for unity during a speech to business and union leaders in Athens. He pledged that his new Socialist government, elected in October, would take steps over the next few months that are decades overdue.
"Greece, with so much potential, is in critical condition," he said.
The raft of measures included a reduction in defense spending in 2011 and 2012; slashing bonuses across the public sector; reducing social security and government operating expenditure by 10 percent each, and salary caps for public utility directors.
He also called for taxes of up to 90 percent on large bonuses for private bankers; the closure of a third of Greece's tourist offices abroad, and eliminating cost-of-living increases for public sector workers with salaries of more than euro2,000 ($3,000).
Other measures include the introduction of capital gains tax and the resumption of inheritance and property taxes abolished by the previous government."
Read more in the full article below:
http://news.yahoo.com/s/ap/20091214/ap_on_bi_ge/eu_greece_economic_woes"ATHENS, Greece – Greece's prime minister announced a barrage of... more
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It looks hard running for President; all that campaigning and the press constantly hounding you. But if no-one knows who you are, it's even harder. Meet Charles Jay and Brian Moore - two men desperate for the biggest job in the world, both destined to lose.It looks hard running for President; all that campaigning and the press constantly... more
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"Jose Luis Rodriguez Zapatero's ruling Socialist Party has won Spain's general elections, with the conservative Popular Party (PP) admitting defeat.
But with 92% of votes counted, the Socialists looked set to fall short of the 176 seats needed for an absolute parliamentary majority. "
Could you imagine that headline, if Spanish were replaced by American?
Why does the rest of the world not have any problems with Socialism?"Jose Luis Rodriguez Zapatero's ruling Socialist Party has won Spain's... more
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