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Parliamentary elections on February 20, 2005, gave the Socialist Party a comfortable majority for the new Prime Minister, Jose Socrates. Socrates’ government formally assumed power March 12, 2005.
Parliamentary elections on February 20, 2005, gave the Socialist Party a comfortable majority for the new Prime Minister, Jose Socrates. Socrates’ government formally assumed power March 12, 2005.
The Socialist Party’s 2005 victory followed a period of transition after center-right (PSD) Prime Minister Jose Manuel Durão Barroso resigned to accept the nomination as President of the European Commission. Durão Barroso, elected in 2002, committed his government to public-sector [[Ascesis|austerity]] and business incentives to promote growth, trade, and productivity. It faced rising unemployment, meeting euro-zone fiscal requirements, and adapting to European Union and NATO enlargement. After Durão Barroso’s resignation, President Jorge Sampaio asked the former mayor of Lisbon, Pedro Santana Lopes, to form a new government. Sampaio lost confidence in that government by the end of 2004, dissolved parliament, and called for new parliamentary elections.
The Socialist Party’s 2005 victory followed a period of transition after center-right (PSD) Prime Minister Jose Manuel Durão Barroso resigned to accept the nomination as President of the European Commission. Durão Barroso, elected in 2002, committed his government to public-sector [[Ascesis|austerity]] and business incentives to promote growth, trade, and productivity. It faced rising unemployment, meeting euro-zone fiscal requirements, and adapting to [[European Union]] and [[NATO enlargement]]. After Durão Barroso’s resignation, President Jorge Sampaio asked the former mayor of Lisbon, Pedro Santana Lopes, to form a new government. Sampaio lost confidence in that government by the end of 2004, dissolved parliament, and called for new parliamentary elections.
Social Democrat Anibal Cavaco Silva, a center-right candidate and former Prime Minister, won the Portuguese presidential election on January 22, 2006 with 50.6% of the vote. He was sworn in on March 9, 2006, replacing outgoing Socialist President Sampaio.
Social Democrat Anibal Cavaco Silva, a center-right candidate and former Prime Minister, won the Portuguese presidential election on January 22, 2006 with 50.6% of the vote. He was sworn in on March 9, 2006, replacing outgoing Socialist President Sampaio.