The magnetic phase diagram of europium telluride, EuTe, under external high
pressure is theoretically investigated. The modified Molecular Field Appro
ximation involving the quadrupolar moment calculations is adopted. Besides
nearest-neighbour (n.n.) and next-nearest-neighbour (n.n.n.) exchange inter
actions, the long-range dipolar and biquadratic interactions are taken into
account. The functional dependencies of n.n. and n.n.n. bilinear interacti
ons on the lattice constant are obtained, under the requirement that the ca
lculated Neel and Curie temperatures reproduce the experimental data.