Coutinho is now Liverpool's second signing of the transfer window with Chelsea striker Daniel Sturridge being the first at the beggining of the month.
Coutinho said: "I'm feeling very happy, it's a very important step in my
"I'm feeling very happy, it's a very important step in my career and I'm expecting to come here and play good football to give my contribution on the pitch."
"Liverpool is a great club with great players. We've always heard about Liverpool's history in Brazil".
"They are the club that have been interested in me and that have showed this interest so I know they believe in me and my football."
The Brazilian has one cap for his country and started his career at Vasco Da Gama before moving to Inter in 2012, as well as enjoying a loan spell at Espanyol.
Liverpool managing director Ian Ayre said: "We're always delighted when we get the players we go after".
"It has been a successful transfer window for us, coming off the back of acquiring Daniel Sturridge from Chelsea and now Philippe from Inter Milan".
"I think that bodes well for us for the rest of the season and the future."
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