Portugal must put pride to one side

In this article, the author presents the difficult economic situation of Portugal, presenting the government’s actions in order to avoid a similar situation as the one from Greece.

Hope springs eternal in the Portuguese breast. José Sócrates, prime minister, and his minority socialist government want desperately to avoid following in the footsteps of Greece and Ireland with a request for emergency international financial assistance.

ESO: Background information: Lisbon at odds with eurozone’s north http://www.europeansources.info/record/lisbon-at-odds-with-eurozones-north/

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