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The Socialist Party, PS) is a social-democratic political party in Portugal. It was founded on 19 April 1973 in the German city of Bad Münstereifel, by militants from Portuguese Socialist Action. The current leader is António José Seguro. José Sócrates, the former Prime Minister of Portugal, was the leader of the party until 5 June 2011. The party has currently 74 of 230 seats in the Portuguese Parliament and lost the June 2011 election. The Socialist Party stands out as about a third of its members in the Assembly of the Republic are women. Sócrates resigned as General Secretary on election night of 5 June 2011, due to having lost the general election by a margin higher than expected. Seguro was elected as leader of the party on July 23, winning 68% of the vote against his challenger, Francisco Assis, who got 32%. PS is a member of the Socialist International and the Party of European Socialists, and has seven members in the European Parliament within the Socialists & Democrats Group during the seventh parliament. (via Freebase)