Egypt cancels parliamentary vote dates after court ruling
Source: Reuters
(Reuters) - Egypt's election committee has scrapped a timetable under which voting for the lower house of parliament should have begun next month, state media reported on Thursday, following a court ruling that threw the entire polling process into confusion.
Egypt now lies in limbo, with no election dates at a time when uncertainty is taking a heavy toll on the economy - the Egyptian pound is falling, foreign currency reserves are sliding and the budget deficit is soaring to an unmanageable level.
The political crisis deepened on Wednesday when the Administrative Court cancelled a decree issued by President Mohamed Mursi calling the election.
It also returned the electoral law, the subject of feuding between the opposition and Mursi's ruling Islamists, to the Constitutional Court for review.
Read more: http://uk.reuters.com/article/2013/03/07/uk-egypt-elections-dates-idUKBRE92616720130307