Portuguese Vote to Pick Enforcer of Rescue’s Austerity Plan
This article is for subscribers only.
Portugal’s opposition leader, Pedro Passos Coelho, leads Socialist Prime Minister Jose Socrates in polls heading into elections in two days that may enable him to forge a majority coalition.
The government formed following the June 5 vote will have to enact budget cuts required in a 78 billion-euro ($113 billion) international bailout even as unemployment climbs and the economy shrinks.