Saturday, August 10, 2013

Lithuania Lurches Left

"Opposition may form Lithuania coalition" Associated Press, October 15, 2012

VILNIUS, Lithuania — Opposition populists and leftists in crisis-worn Lithuania hinted they were prepared to form a government coalition after an exit poll Sunday indicated their parties would take first and second place in the country’s parliamentary elections.

Lithuania, having just emerged from a debilitating economic crisis, is still beset with high unemployment — over 13 percent — and falling living standards due in large part to higher energy costs.

Many voters put the blame for the woes squarely on the current government, which took over in late 2008 and immediately implemented tax hikes and spending cuts to stave off bankruptcy....

Yeah, turns out no one on the planet likes austerity for the $ake of banksters.

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"Social Democrats win Lithuania vote" Associated Press, October 29, 2012

VILNIUS, Lithuania — A center-left opposition party that campaigned on promises to end budget cuts and increase social spending has won Lithuania’s parliamentary election, according to a near-complete vote count late Sunday, marking a defeat of four years of unpopular austerity measures.

We will see what they do. Greece and France thought they went socialists, and all they got was $ociali$ts for bankers.

The Social Democrats, which governed from 2001 to 2008, vowed to form a coalition government that would end current austerity policies. They also promised to spend more to boost living standards in the small East European nation, which in 2009 and 2010 saw one of Europe’s worst recessions....

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