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Mexico Election Watch: Peña Nieto wins but no PRI majority

If Mexico’s President-elect, Enrique Peña Nieto, is to achieve 6% GDP growth he will have to press ahead with reforms. However, with the PRI falling short of a majority in Congress, he will need to gain the support of opposition parties if he is to be successful. Some reform to the labour market and tax system seems likely, but meaningful reforms to Pemex may be a bridge too far.

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