About: Pedro Passos Coelho
Portugal seeks exemption from EU state aid rules to help banks
The president of Portugal's central bank wants to mimic what has been done in Italy and has asked for exemption from EU state aid rules so that a mechanism for purchasing non-performing loans can be set up. EURACTIV’s new partner Milano Finanza reports.
Portugal adopts anti-austerity budget despite concerns
Portugal's Socialist-led lawmakers on Tuesday (22 February) approved a 2016 budget that pledges to reverse unpopular austerity measures but is seen as high-risk by critics and investors, with Lisbon under EU pressure to stay on a disciplined path.
Don’t compare the Portuguese and Spanish elections
Given the predicted poll results ahead of December's Spanish elections, and the crisis in Catalonia, it would be over-simplistic, and probably wrong, to compare political developments in Spain and Portugal, writes Elisa Lledó.
Green light for left-wing government in Portugal
The Portuguese Communist Party has agreed to form a governing coalition with the Socialist Party. The fate of Portugal’s minority government will be decided in a vote of no confidence on Tuesday (10 November). Our partner La Tribune reports.
Portugal’s new cabinet likely to be short-lived
Portugal's president accepted yesterday (27 October) the line-up of a new minority government that will be sworn in on Friday, starting the countdown on persuading the opposition-dominated parliament to accept its program or face the collapse of the cabinet.
Political crisis boiling in Portugal
The Portuguese parliament is likely to reject the program of the centre-right government of Pedro Passos Coelho, plunging the country into uncertainty.
Portugal’s Socialist leader expects to be named Prime Minister
Portugal's centre-right prime minister, and the head of the opposition Socialists, made rival offers yesterday (20 October) to form the next government, exacerbating the country's political stalemate following this month's inconclusive election.
Portugal’s Socialist leader sees opportunity for leftist cabinet
The head of Portugal's main opposition Socialists on Monday (12 October) raised the prospect of forming an "alternative government" with two other leftist parties, after inconclusive elections saw the ruling centre-right fall short of an outright victory.
Coelho faces difficulties forming government
Portugal's president asked Prime Minister Pedro Passos Coelho on Monday (5 October) to form a government, following an inconclusive election which denied the centre-right leader a parliamentary majority.
Portugal’s ruling coalition reelected, despite austerity policies
Portugal's opposition Socialist leader Antonio Costa conceded defeat in a general election on Sunday (4 October) after exit polls and partial tallies put the ruling centre-right coalition ahead.
Popular Lisbon mayor steps down to run in general election
Lisbon's Socialist mayor Antonio Costa, tipped to succeed centre-right Prime Minister Pedro Passos Coelho, stepped down Thursday (1 April) to fight Portugal's parliamentary elections this autumn.
War of words rages between Athens and Madrid
Spain's centre-right Prime Minister Mariano Rajoy hit back yesterday (1 March) against accusations from Greece's leftist premier that Spain and Portugal had led a conservative conspiracy to topple his anti-austerity government.
Portugese interior minister resigns over ‘golden visas’ scandal
Portugal's interior minister resigned yesterday (16 November) over an investigation into alleged corruption linked to the issuing of so-called "golden visas" to wealthy foreigners, but denied wrongdoing and said the move was to save damage to the government.
Commission hails Portugal’s exit from bailout
European Commission Vice President Siim Kallas congratulated Portugal for having been able to exit its three-year €78-billion bailout on Saturday (17 May), but warned that there was no room for complacency, as many challenges are still facing the country.
Portugal exits from bailout on 17 May
Portugal said yesterday (4 May) it would exit its three-year €78-billion bailout this month without a precautionary credit line, as the country returns to growth after years of painful austerity and unpopular reforms.
Portugal’s PM vows no retreat on austerity measures
Portugal's prime minister has ruled out any backtracking on the country's bailout terms as his revamped government easily won a confidence vote intended to show it has repaired an internal rift over austerity. VideoPromoted content
