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Portugal's socialist leader named PM after weeks of turmoil

Leader of Portugal's socialist party Antonio Costa was appointment prime minister after his unprecedented anti-austerity alliance toppled Portugal's 11-day-old conservative minority governmentAntonio Costa, the leader of Portugal’s Socialist Party, was named prime minister and tasked with forming a government Tuesday after weeks of political instability caused by an inconclusive election last month. The appointment comes after Costa’s anti-austerity alliance with Communists, Greens and the Left Bloc toppled the 11-day-old conservative minority government in a dramatic parliamentary vote earlier this month. Portugal’s political difficulties are being closely watched in Brussels and Costa has sought to allay fears his anti-austerity drive could propel the country back to deficit-busting policies that forced it into a three-year 78-billion-euro ($83 billion) bailout in 2011.

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