Members of Portugal’s center-left Socialist Party are set to be sworn into office Wednesday for the party's third straight term in government as the country prepares to start spending some 45 billion euros ($50 billion) in European Union aid to help fire up one of the bloc’s weakest economies.
The Socialists captured 120 seats in the 230-seat parliament in a landslide January election, opening a path for far-reaching reforms long postponed by political quarreling. The main opposition center-right Social Democratic Party has 77 seats.
