Greek and French Elections Add Further Uncertainty to Euro Austerity Measures. UK going ‘lefty’ too?
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France and Greece have dominated the headlines this weekend with the ‘austerity’ supporting governments being ousted by their left wing – anti austerity -counterparts.
The public rejection of cutting the budget has now also seen wide spread support in the UK. The outcome of local elections, in sunny GB, have made life very difficult for Mr Cameron’s coalition government and has offered a life line to Ed Miliband’s left wing (note a recurring theme here?!) opposition Labour Party.
The Conservatives won 31 percent of votes at a national level and the Conservative-Liberal coalition Liberal Democrats won 16 percent.
So, it would appear that the austerity back lash is not just limited to the P.I.G.S.
