Portugal opposition Socialists, far-left to hold coalition talks


  • World
  • Wednesday, 07 Oct 2015

Portuguese Prime Minister Pedro Passos Coelho leaves a meeting with Portuguese President Anibal Cavaco Silva (not pictured) at Belem Presidential Palace in Lisbon, October 6, 2015. REUTERS/Rafael Marchante

LISBON (Reuters) - Portugal's moderate opposition Socialists opened the door to talks with the hard left on a majority left-wing government on Wednesday, complicating efforts by the outgoing centre-right coalition to form a minority administration with their support.

Prolonged political uncertainty could derail a fragile economic recovery in the euro zone country, which endured years of deep spending cuts and big tax hikes during its debt crisis when it had to be bailed out by its European Union partners and the International Monetary Fund.

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