Bachelet takes power in Chile, vowing to narrow inequality gap


  • World
  • Wednesday, 12 Mar 2014

VALPARAISO/SANTIAGO (Reuters) - Michelle Bachelet took over the presidency of Chile in a ceremony loaded with symbolism on Tuesday, after promising to stick to her tax-and-spend campaign pledges despite a sharp economic slowdown.

Bachelet accepted the presidential sash from Senate head Isabel Allende, the daughter of late socialist President Salvador Allende, whose overthrow in 1973 ushered in the 17-year dictatorship of Augusto Pinochet.

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