Abhisit resigns leadership
Bangkok Post
Prime Minsiter Abhisit Vejjajiva announced his resignation as leader of the Democrat Party on Monday morning.
The outgoing premier made the announcement after the Pheu Thai Party crushed his party in the 2011 general election yesterday.
"I've decided to resign because I could not lead my party to victory in the election," Mr Abhisit said.
Democrat executive members will meet to select a new party leader within 90 days, as the law requires, he said.
Before the election, Mr Abhisit said he would step down as Democrat leader if his party won fewer seats than in the previous general election.
The unofficial election result shows that the Democrats won 159 seats yesterday. In 2007, the party won 164 seats.
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