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New Portugal PM forms government in delicate balancing act

Portugal's new prime minister, Antonio Costa, arrives for a meeting with the president at Belem Palace in Lisbon on November 24, 2015Portugal’s new prime minister, Antonio Costa, on Wednesday formed a new government that will have to pull off a tricky balancing act, satisfying both Brussels and his allies on the radical left. Costa was named prime minister on Tuesday at the head of a new Socialist administration, ending more than seven weeks of political turmoil in Portugal after inconclusive elections. Harvard graduate Mario Centeno has been named in the key post of finance minister in a government set to take power on Thursday.

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