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Portugal seeks political stability with Cavaco Silva

Economy professor and former prime minister Anibal Cavaco Silva won the presidential election in Portugal on Sunday (22 January), promising to take Portugal out of a stagnant financial situation and to secure political stability.

With a convincing 50.6 percent of votes in Sunday's election, Mr Cavaco Silva will be the first non-socialist president since democracy was established in Portugal after the 1974 revolution.

In his victory speech he promised to fight for political stabi...

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