Portuguese Prime Minister Pedro Passos Coelho. (AP)
By dpa on News24
Madrid - The government of Portuguese Prime Minister Pedro Passos Coelho is on its way out - just six weeks after re-election - after losing a no-confidence vote on Tuesday, according to parliament sources.
Passos Coelho's government only garnered 123 of 230 votes when the motion, drafted by the Socialist Party (PS), came up for a vote.
The PS, the Marxist Left Bloc, the communist party and The Greens had each filed a motion of no-confidence in parliament against Passos Coelho's new package of economic measures.
The parties on the left secured a majority of legislative seats in Portugal's October 4 election, but were not in an official bloc at the time. Since then, they have agreed upon a joint programme. And, working together, the parties rejected Passos-Coelho's plan, meaning the prime minister will have to resign.
Any change in government will have to be approved by President Anibal Cavaco Silvo, who will first have listen to party representatives proposals.
Until then, Passos Coelho will remain in power.
The EU and the International Monetary Fund saved Portugal from bankruptcy in 2011 with a €78bn aid package.
Passos Coelho's alliance, which thereafter implemented a series of austerity measures and reforms aimed at overcoming economic crisis, lost its absolute majority in parliament in last month's election.