Pedro Passos Coelho leader of the Portuguese center-right Social Democrat Party, PSD, attends a join press conference with Paulo Portas, leader of conservative Popular Party CDS, not see, after signing an agreement to form a coalition government in Lisbon, Thursday, June 16, 2011. Passos Coelho was named as the new Portugal's Prime Minister on Wednesday 15 by the Portuguese President Anibal Cavaco Silva. (AP Photo/ Francisco Seco)