International Monetary Fund

Passos Coelho includes four independent ones in its Executive. It will have to approach serious reforms stops in exchange for the 78,000 million Euros that will receive from the EU and the International Monetary Fund. Prime minister designated of Portugal, the conservative Pedro Passos Coelho, announced east Friday the composition of his Government, trained by only eleven ministers, five less than in the previous socialist Executive, and in whom there are two women and four independent ones. Passos Coelho, that gained the elections of day 5 the past, leaves in addition three ministries (Outer, Social Security and Agriculture) into the hands of Christian Democrat to the Democratic Center and Social (CDS-PP) with which this Thursday signed a pact of legislature to guarantee the absolute majority in the Parliament. Members of the Democratic Social Party (PSD, center-right) of new prime minister, will assume the portfolios of Justice, Interior, Subjects Parlamentarios and Dnsa, whereas Finances, Economy, Education and Health are assumed by independent.

Passos Coelho had announced in the campaign electoral an Executive of only ten members who, according to political sources, extended itself in one during the negotiations of the pact of Government with the CDS-PP. In the preservative Cabinet other three disappear two ministries of the socialist stage (Culture and Presidency) and are integrated in different portfolios (Public Works, Transports and Communications Integra in Economy, Atmosphere in Agriculture and Education Superior in Education). The agreement of Government between the PSD and the CDS-PP gives priority to the financial commitments of Portugal, that must fulfill a severe program of austerity and reforms in exchange for receiving the 78,000 million Euros granted by the EU and the International Monetary Fund in April. Source of the news: The new Portuguese Government presents/displays his composition with five ministries less

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