Portuguese president Anibal Cavaco Silva wins new term
Baku, January 24 (AZERTAC). Portugal`s conservative President Anibal Cavaco Silva has been elected to a second term.
With 98% of the votes counted, Mr. Cavaco Silva had won 53%, according to official results. His nearest rival, Manuel Alegre, won some 20%.
The election took place amid a mounting debt crisis in Portugal.
Mr. Cavaco Silva, who has the power to dissolve parliament, has backed the austerity plan put forward by the Socialist government.
The plan aims to cut Portugal`s deficit and avoid it having to take a bailout like Ireland and Greece.
But after voting in Lisbon, Mr. Cavaco Silva, a former economics professor and prime minister, said he was "in favour of stability".
The government of Socialist Prime Minister Jose Socrates is next due to face an election in 2013.
Estimated turnout in Sunday`s vote fell to a record low, at about 50%.
Election officials admitted matters were not helped by problems with the new electronic citizen`s card that has replaced the old voter registration card and other forms of identification, our correspondent says.
Opposition parties said hundred or even thousands of people were not able to cast a vote.
The tone of the campaign sharpened in the last few days of campaigning, in part because of fears many voters might abstain.
In his last campaign rally on Friday, Mr. Cavaco Silva repeated an appeal for voters to turn out, citing the grave financial crisis Portugal was facing.
He had said that "serious damage" would result if no candidate cleared the 50% hurdle on Sunday, triggering a second round of voting.
The uncertainty would push up interest rates and thus also mortgage payments, he said.
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