Britain’s coalition talks to continue into Monday
May 10th, 2010 - 12:38 am ICT by IANS
London, May 9 (DPA) Britain’s Conservative and Liberal parties ended a day of consultations over the possible formation of a new government Sunday with a pledge that economic stability and a reduction of the massive state deficit would be at the heart of any future agreement.
Negotiating teams of the two sides would meet again in the next 24 hours, William Hague, the Tories’ foreign policy spokesman, said. The talks had been “positive and productive” and covered political reform, banking reform and measures to cut the budget deficit.
Earlier, party sources said the two sides were keen to give a signal of reassurance to financial markets already unsettled by the Greek debt crisis.
The Conservatives, who emerged as the biggest party from Thursday’s general election, have claimed the “moral right” to lead negotiations with the Liberals, Britain’s third political party.
Meanwhile, Prime Minister Gordon Brown, whose Labour Party suffered heavy losses, remains in his post, in accordance with constitutional rules.
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Tags: biggest party, budget deficit, coalition talks, conservatives, constitutional rules, debt crisis, dpa, economic stability, financial markets, foreign policy, gordon brown, heavy losses, labour party, liberal parties, liberals, moral right, prime minister gordon brown, reassurance, tories, william hague