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LISBON, Portugal (AP) — Portugal's center-right coalition government earned another four-year term Sunday, winning a general election behind an improving economy that weathered the austerity measures contested across Europe, but falling short of a crucial outright majority in Parliament.
By Elizabeth Piper and William James MANCHESTER, England (Reuters) - Chancellor of the Exchequer George Osborne will launch a programme on Monday to spur infrastructure investment in Britain, poaching the policy from the left-wing opposition to stake the government's claim to the centre ground. At the Conservative Party conference, Osborne will say the government will invest 5 billion pounds ($7.6 billion) by 2020 and pool local government pension pots into six wealth funds worth 25 billion pounds each to invest in vital infrastructure. Alongside incentives for grandparents to help with childcare, Osborne's new policies move to address criticism over his austerity drive, and strike at the heart of the opposition Labour Party's attempts to rally support for its new leader.