Analysis - The European centre-left's quandary


  • World
  • Sunday, 24 May 2015

Ed Miliband gestures as he resigns as Britain's opposition Labour Party leader in London, Britain, May 8, 2015. REUTERS/Neil Hall

LONDON (Reuters) - A crushing election defeat for Britain's Labour party has laid bare the dilemma facing Europe's centre-left.

The left could have expected to capitalise on the 2007-2009 financial crisis when lax regulation allowed banks to catapult the world into chaos.

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