BREAKING NEWS

BREAKING NEWS

Mexico president Peña Nieto handed power

Now Reading:

Mexico president Peña Nieto handed power

Text size Aa Aa

Mexico’s new president has taken office promising to turn around the country’s economic fortunes and end years of drugs-related violence that’s seen more than 60,000 people killed.

Enrique Peña Nieto took over the reins from outgoing leader Felipe Calderon in a midnight ceremony at the National Palace in Mexico City.

The 46-year-old won elections in July as head of the centrist PRI, a party which ruled for much of the 20th century.

PRI been out of power for 12 years after gaining a reputation for corruption and cronyism.

Although the PRI-led coalition is the largest in Congress, it does not have an absolute majority.

Further alliances will be necessary to push forward reforms to boost job creation which officials hope will blunt the allure of organised crime.