Ruling Social Democratic Party-led coalition won Portuguese general election

Oct 5, 2015 12:03 IST

Ruling Social Democratic Party (PSD)-led coalition on 4 October 2015 won general election to the Portuguese parliament-Assembly of Republic.

Out of the total votes polled, the PSD and the CDS – People's Party coalition secured 37 percent votes out of which the share of the PSD is just over 32 percent.

With this win, incumbent Prime Minister Pedro Passos Coelho is set to hold the post for next four years.

The present performance of the coalition is dismal compared to the absolute majority it obtained in the 2011 general election.

Still, the faith in the Pedro Passos Coelho-led government is expected to help the country in overcoming the challenges to the economy.

At present, Portugal is suffering from unemployment at the rate of 12 percent of the workforce and 125 percent debt to GDP - the second highest rate in the European Union next only to Greece.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Is this article important for exams ? Yes5 People Agreed
Read more Current Affairs on: Portugal , parliament election , unemployment , economic crisis

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK