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Passos Coelho named Portuguese PM

Portugal moved a step closer to forming a new government Wednesday when Pedro Passos Coelho, the leader of the Social Democratic Party, was named the country’s next prime minister. According to The Wall Street Journal,  president Anibal Cavaco Silva appointed Mr. Passos Coelho as prime minister after meeting with the parties represented in Portugal’s parliament, and taking into account the results of the June 5 general elections and a political accord struck between the Social Democrats and the Democratic and Social Center Party to create a majority government.  Passos Coelho said that “if I’m chosen to become the prime-minister, I will present a government with the urgency that’s needed.” Portugal has been searching for a new prime minister since José Sócrates resigned in March following the rejection of his latest austerity package in parliament.

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