Pedro Passos Coelho

Age, Biography and Wiki

Pedro Passos Coelho (Pedro Manuel Mamede Passos Coelho) was born on 24 July, 1964 in Sé Nova, Coimbra, Portugal, is a Prime Minister of Portugal. Discover Pedro Passos Coelho’s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 56 years old?

Popular AsPedro Manuel Mamede Passos Coelho
OccupationN/A
Age56 years old
Zodiac SignLeo
Born24 July 1964
Birthday24 July
BirthplaceSé Nova, Coimbra, Portugal
NationalityPortugal

We recommend you to check the complete list of Famous People born on 24 July.
He is a member of famous Minister with the age 56 years old group.

Pedro Passos Coelho Height, Weight & Measurements

At 56 years old, Pedro Passos Coelho height not available right now. We will update Pedro Passos Coelho’s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
HeightNot Available
WeightNot Available
Body MeasurementsNot Available
Eye ColorNot Available
Hair ColorNot Available

Who Is Pedro Passos Coelho’s Wife?

His wife is Laura Ferreira (m. 2005), Fátima Padinha (m. 1985–2003)

Family
ParentsNot Available
WifeLaura Ferreira (m. 2005), Fátima Padinha (m. 1985–2003)
SiblingNot Available
ChildrenCatarina Padinha Passos Coelho, Joana Padinha Passos Coelho, Júlia Ferreira Passos Coelho

Pedro Passos Coelho Net Worth

He net worth has been growing significantly in 2018-19. So, how much is Pedro Passos Coelho worth at the age of 56 years old? Pedro Passos Coelho’s income source is mostly from being a successful Minister. He is from Portugal. We have estimated Pedro Passos Coelho’s net worth, money, salary, income, and assets.

Net Worth in 2020$1 Million – $5 Million
Salary in 2019Under Review
Net Worth in 2019Pending
Salary in 2019Under Review
HouseNot Available
CarsNot Available
Source of IncomeMinister

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Timeline of Pedro Passos Coelho

2020

Passos Coelho lives in Massamá, Greater Lisbon. He was married to Fátima Padinha, a former singer with the girl band Doce, with whom he has two daughters, Joana Padinha Passos Coelho (born 1988) and Catarina Padinha Passos Coelho (born 1993), and to Laura Ferreira, a physiotherapy technician, born in Bissau, Portuguese Guinea (now Guinea-Bissau, West Africa), with whom he has one daughter, Júlia Ferreira Passos Coelho (born 2007). Laura Ferreira had been fighting cancer since 2014 and died on 25 February 2020. Apart from his native Portuguese, he can also speak some French and English. After his tenure as Prime Minister of Portugal, he became a teacher at both the Instituto Superior de Ciências Sociais e Políticas (University of Lisbon) and the Lusiada University.

2014

He spent his childhood in Angola—then one of Portugal’s overseas possessions—where his father practised medicine. After the Carnation Revolution of 1974 and the independence of the territory as the People’s Republic of Angola, he returned with his family to Europe and settled in Vila Real, Northern Portugal.

2013

In July 2013, Paulo Portas and Vitor Gaspar resigned from the cabinet over the country’s austerity programme. Though Coelho accepted it, he said that the government would continue with the measures and would seek to heal the rift with his coalition partners. Portas eventually retracted his resignation, and became Deputy Prime Minister.

To accomplish the European Union/IMF-led rescue plan for Portugal’s sovereign debt crisis, in July and August 2011, his government announced it was going to cut on state spending and increase austerity measures, including additional tax increases, but it will also have a social emergency package to help the poorest citizens. As time went on it became increasingly clear that a series of supplementary measures would be taken during the course of the year as a means to restrain an out-of-control budget deficit. These included sharp cuts in spending on state-run healthcare, education and social security systems. His cabinet enforced reforms of the local administration to save money by avoiding unnecessary resource allocation and redundancy. This included extinguishing the 18 Civil Governments (Governo Civil) located across the country and a large number of parishes. According to the Portuguese Statistics Bureau, there were 4,261 parishes in Portugal as of 2006. The reform implemented according to Law 11-A/2013 of 28 January 2013, which defined the reorganization of the civil parishes, reduced the number of parishes to 3,091. Nevertheless, due to Portugal’s legal constraints avoiding planned job cuts like those made across several developed countries at the time to fight overspending and overstaffing at municipality level, the 2013 mergers eventually increased the spending with the parishes.

2012

During his first year in cabinet, it became clear that the deep economic and financial crisis of Portugal would prompt several policy changes and increasing dissent over the cabinet’s judgement. After an inaugural speech in which he promised, in the long run, to stabilize the economy, promote financial growth, employment and protect the ones who needed the most, he moved on to adopt deep austerity measures that, on the view of his detractors, within the first year of government, led to the exact opposite. High paying jobs and pensions were slashed while the lower ones were less affected. In addition, his government had earlier adopted a promoting stance on emigration, often advising the growing number of young unemployed people to leave the country. On 15 September 2012, Passos Coelho and his coalition government faced one of the biggest civil protests in the history of Portuguese democracy, where demands were made for solutions to be put in place. On 21 September 2012, while the Prime Minister and members of the cabinet were meeting with President Aníbal Cavaco Silva, a large number of protesters rioted in front of the presidential house, the Belém Palace, clashing with the security forces.

2011

By 2010, in a context of sovereign default, he helped defeat the Socialist government under the leadership of José Sócrates when it tried to adopt a package of austerity measures to maintain economic stability, leading to the resignation of the prime minister on 23 March 2011, and the general election of 5 June 2011.

On 5 June 2011, after the Portuguese legislative election, Passos Coelho was elected Prime Minister of Portugal. He achieved a historical win for his political party, the PSD, defeating José Sócrates of the Socialists. Through a coalition with CDS-PP, Passos Coelho and the PSD were in position to form a right-wing majority in the Portuguese Parliament. Immediately after the election, he started conversations with Christian-Democratic President Paulo Portas to form the coalition.

From 21 June 2011 to 26 November 2015, Passos Coelho led the XIX Governo Constitucional (19th Constitutional Government) and the XX Governo Constitucional (20th Constitutional Government). In the fifth vote of confidence the government faced, as called by Os Verdes, the government was scheduled to win a vote despite being opposed by the Communists, Left Bloc and Socialists (if it failed the government would not be able to have another vote). Despite attempts to form a national unity government, Socialist party whip Carlos Zorrinho said that the move was not with the government but that all parties were available for a possible new government. The motion by Os Verdes was initiated on 14 July 2013 during a state of the nation debate. Coelho said that the vote was “very welcome” and would serve as a vote of confidence.

2010

He was vice-president of the PSD during the leadership of Luis Marques Mendes (2005–2006) and has also been president of the Municipal Assembly of Vila Real Municipality since 2005; he was a presidential candidate for the PSD in May 2008, where he proposed for the first time a programmatic review of the party’s orientation. Defeated by Manuela Ferreira Leite, he founded, with a group of his supporters, the think-tank Construir Ideias (Building Ideas). On 21 January 2010, his book Mudar (“To Change”) was published, and he was again candidate for the leadership of the PSD for the direct elections in March 2010; he was elected president of the PSD on 26 March 2010.

2001

He was awarded a degree in economics by Lusíada University (Lisbon) when he was 37 (2001). He became a consultant with Tecnoformas (2000–2004), consultant of consultants LDN (2001–2004), Director of the Training Department and coordinator of the Program of Seminars URBE – Núcleos Urbanos de Pesquisa e Intervenção (2003–2004). He joined the company Fomentinvest as a CFO (2004–2006) working with Ângelo Correia, chairman of Fomentinvest and also a noted member of the PSD. Correia, an experienced member of PSD, is a close friend of Passos Coelho, both inside their party and corporate governance careers, and is considered Passos Coelho’s political mentor. Passos Coelho became a member of the Executive (in 2007), accumulating the functions of chairman of the Board of the HLCTejo (2007–2009).

1999

After dropping out the University of Lisbon he would enroll in 1999 for the Lusíada University from where he would be awarded a degree in economics in 2001, when he was 37 years old. By then he had already been member of the parliament between 1991 and 1999, among other attributions (he worked in a public relations capacity during the late 1980s in Qimibro, a metals broker and trading firm founded by José Manuel Bento dos Santos and Eduardo Catroga, after invitation by a cousin who worked there).

1998

Passos Coelho’s political program was considered the most liberal ever adopted by the PSD, and included a firm intention to accomplish the European Union/IMF-led rescue plan for Portugal’s sovereign debt crisis. The rescue plan included widespread tax increases and reforms aimed at better efficiency and rationalized resource allocation in the public sector, to reduce the number of unnecessary civil servants and chronic public sector’s overcapacity. They also included the privatization of at least one channel of the public radio and television RTP network, the Caixa Geral de Depósitos’ insurance operations, and some parts of the National Service of Health. His coalition partner Paulo Portas of CDS-PP, expressed publicly his disapproval for some of Passos Coelho’s proposals. Passos Coelho entered office as a moderate social conservative, with a mixed record on abortion (he voted no in the 1998 referendum and yes in the following in 2007), while opposing euthanasia and same-sex marriage, supporting same-sex civil unions instead. It was not certain if he would try to overrule the previous José Sócrates-led Socialist government laws that allowed abortion until 10 weeks and same-sex marriage in Portugal. During the campaign, he admitted the re-evaluation of the current abortion law approved in 2007, after a referendum, that allowed it under any circumstance until 10 weeks of pregnancy. The law was deemed unconstitutional by 6 of the 13 judge members of the Portuguese Constitutional Court. Other creations of the previous cabinets led by former Prime Minister José Sócrates were criticized by Passos Coelho, including the state-sponsored Novas Oportunidades educational qualification program for unschooled adults, which was dubbed a fraud due to alleged low standards of intellectual rigor and academic integrity.

1982

At the age of 19, Passos Coelho was admitted to the University of Lisbon to study mathematics. He did not, however, finish his degree and instead taught mathematics at the Escola Secundária de Vila Pouca de Aguiar high school for a year (1982/1983). Back in Lisbon, he then made a living as a part-time private mathematics tutor, while developing his political career rising through the ranks of PSD’s youth branch (JSD). In 1987 he was elected vice-president of JSD, and president in 1991. The following year, at 24 years old, his first child was born to Fátima Padinha, a former member of girl band Doce who he would later marry.

1980

He started very early in politics, as a 14-year-old boy, and had a long and prominent career in the youth branch of the Social Democratic Party (PSD), the JSD, where he was a member of the National Council (1980–1982). As a young student, his academic interests, vocations and ambitions were directed towards a future career in medicine, to follow his father and older sisters’ steps, or instead mathematics. However, his largest ambition and vocation revolved around politics.

Starting very early in politics, he had a long career in the youth branch of the Social Democratic Party (PSD), the JSD, where he was a member of the National Council (1980–1982) and Chairman of the Political Committee (1990–1995). He was a Lisbon deputy to the Assembly of the Republic in the VI and VII Legislatures (1991–1999); he also joined the Parliamentary Assembly of NATO (1991–1995) and was vice chairman of the Parliamentary Group of the PSD (1996–1999). In 1997, he ran for mayor of Amadora without success, but was elected municipal councillor (1997–2001). After has been member of the parliament from 1991 to 1999, Passos Coelho became eligible by law to a life pension, however, he declined the offer.

1974

Passos Coelho moved to Africa at five years of age, and studied in basic schools of the cities of Silva Porto and later Luanda, in the former Portuguese territory of Angola, until the age of 10. His parents went to the Portuguese African territory of Angola to work there among the native rural populations who were plagued by tropical diseases such as tuberculosis. Firstly, Coelho studied in a nun-run Catholic school, then in the public school, and again in another Catholic school run by the Marist Brothers. Then, after the Carnation Revolution in 1974, and the dismantling of the Portuguese Overseas Empire in Africa, he returned to Europe, settling in his grandparents estate, in Valnogueiras, near the city of Vila Real, Norte Region, Portugal. To attend a secondary education institution in Vila Real, the Liceu Nacional Camilo Castelo-Branco (Camilo Castelo-Branco National High School), he moved to the city. His father only rejoined the family in 1975, the year that Angola became an independent territory known as the People’s Republic of Angola.

1964

Pedro Manuel Mamede Passos Coelho (Portuguese pronunciation:  [ˈpeðɾu mɐnuˈɛɫ mɐˈmɛðɨ ˈpasuʃ kuˈeʎu] ; born 24 July 1964) is a Portuguese politician and university teacher who was the 118th Prime Minister of Portugal, in office from 2011 to 2015. He was the leader of the Social Democratic Party (PSD) between 2010 and 2018. Passos Coelho started very early in politics, becoming the national leader of the youth branch of the PSD. A business manager by trade, he led the XIX Governo Constitucional (19th Constitutional Government of Portugal) and the XX Governo Constitucional (20th Constitutional Government) as head of government from 21 June 2011 to 26 November 2015. His term in office oversaw the application of the Troika bailout to Portugal and was marked by a wave of widespread austerity in both Portugal and abroad.

Pedro Passos Coelho was born in the parish of Sé Nova in Coimbra, Portugal, on 24 July 1964. He is the youngest son of a medical doctor, António Passos Coelho (born Vale de Nogueiras, Vila Real, Douro, 31 May 1926) and the woman he married in 1955, a nurse, Maria Rodrigues Santos Mamede (born Santana da Serra, Ourique, Baixo Alentejo, c. 1930). He has an older sister, Maria Teresa Mamede Passos Coelho, a medical doctor, and an older brother, Miguel Mamede Passos Coelho, who was born with cerebral palsy.