‘European Central Bank refuses to ease Portugal’s programme’

Published on 19 February 2013 at 10:18

Cover

During a European Parliament debate yesterday, ECB president Mario Draghi told countries they can "redraw" their adjustment programmes, but only within the financial limits agreed, discounting any possibility of providing additional funds to Portugal.
A few days before the start of the Troika’s seventh regular review of Portugal, António José Seguro, leader of the main opposition party (PS, socialists) sent a letter to group's three institutions - the ECB, the European Commission and the IMF.
He asked them to assess the true state of the country, and not simply stick to the terms of the bailout agreement.

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic