Breaking News:PORTUGAL has elected its conservative president to a second term, delivering a harsh political setback to the minority Socialist government as it struggles with the economic crisis.
Anibal Cavaco Silva, who is supported by the main opposition Social Democratic Party, collected
53 per cent of the vote, compared with
20 per cent for second-placed Socialist Party candidate
Manuel Alegre, official figures showed with
98 per cent of districts returning.Four other candidates picked up the remaining votes.The government has enacted deeply unpopular austerity measures amid fears that the financial crisis spells economic disaster for Portugal.
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