Berisha Hands Power to Socialist Party
From Times Wire Reports
President Sali Berisha resigned and handed power to the Socialists who won June 29 elections. Socialist Party leaders have said their secretary-general, Rexhep Mejdani, will be their choice to replace Berisha, who will remain in parliament. The Socialists’ overwhelming election victory came after months of chaos and violence that followed the collapse of high-risk investment schemes. Berisha and his Democratic Party were widely blamed for the economic hardship.
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