TOKYO (Reuters) - Prime Minister Junichiro Koizumi, set for another bruising battle with ruling party rebels, renewed his threat on Wednesday to call a snap election if bills to privatise Japan's postal system, including the world's biggest bank, fail to be enacted.
Koizumi eked out a surprisingly slim victory a day earlier, when parliament's lower house approved bills to privatise the postal system -- a reform at the core of his agenda -- by only five votes. Fifty-one of his ruling party's 250 members in the 480-seat lower chamber opposed the bills.
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