Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  World News 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Monday March 07, 08:41
Ruling Communists to form new government in Moldova
(by Olivia Cohen)

Ruling Communists to form new government in Moldova

Moldova’s ruling Communist party may already celebrate the victory with about 40% of vote. The centrist Democratic Moldova Bloc and the center-right Popular Christian Democratic Party are two more parties that managed to meet 6% threshold required to get seats in the parliament.

With almost 99% votes counted, pro-Western Communists won some 46% in Sunday’s election that gives them the priority to obtain as many as 56 seats in the parliament to become the ruling party for the second time. In 2001, the Communist party gained over 50% of the vote.

The party is expected to think of alliance as the minimum of 61 seats (three-fifths majority) that allows choosing the president will obviously not be reached. The president is to be elected in 45 days.

The centrist Democratic Moldova Bloc gained over 28% of the vote, or nearly 33 seats, the Central Electoral Commission said, and the center-right Popular Christian Democratic Party won nearly 10% of the vote.

Under Moldovan election law, the votes of the remaining 12 parties that failed to meet the threshold will be distributed among the three parties.

Both Democratic Moldova Bloc and Democratic Moldova Bloc said they would oppose the re-election of incumbent president Vladimir Voronin backed by the Communists.


All world news
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2010. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.