person > Pedro Passos Coelho
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Portugal needs to switch to a knowledge-intensive economy to overcome the current crisis.
Prime minister announces plans to make $6.3bn in budget cuts by raising retirement age and laying off 30,000 workers.
Pedro Passos Coelho says his country faces deep public spending cuts after court rejects eurozone budget measures.
Pedro Passos Coelho says his country faces deep public spending cuts after court rejects budget measures.
Centre-right government says court's budget measures rejections make it difficult to make cuts promised to creditors.
German Chancellor makes another trip to bailed-out eurozone country in show of support for Lisbon's stance on cuts.
Thousands take to streets of both countries in fresh protests against spending cuts imposed to tackle debt crises.
Merkel rebuffs call by the International Monetary Fund to give Greece more time to clean up finances.
Portuguese must give up their love of fate, stop revelling in misery and self-sacrifice they have come to identify with.
Portugal's prime minister has been criticised for suggesting that unemployed youth leave the country to find work.
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