How do you impose the toughest austerity measures a country has experienced in more than three decades and increase your popularity ratings at the same time? Ask Pedro Passos Coelho, Portugal's spendthrift but widely admired prime minister. Elected in June in a historic victory for his centre-right Social Democratic Party, the seemingly impermeable Passos Coelho has embarked on a long list of economic, fiscal and labour market reforms going beyond anything demanded by the EU and the IMF as part of debt-laden Portugal's bail-out package. Though his strategy to bring Portugal's debt and public account deficit into line has stirred controversy - and a general strike - the reason for Coelho's … [Read more...] about Pedro Passos Coelho