Leader of the Democratic and Social Centre Party Paulo Portas, who resigned last week as foreign minister, has dramatically returned to government and been appointed deputy prime minister with powers to coordinate economic issues, plus oversee negotiations with the troika and Portuguese state reform.
The political crisis of Prime Minister Pedro Passos Coelho's government seems now to have eased and new Finance Minister Maria Luís Albuquerque must now convince the Eurogroup at a July 8 meeting that the coalition is strong enough to fulfil the EU-IMF-ECB troika’s reform programme.
The newspaper describes –
a 'new' government without elections, which will bypass the overhaul of its old reform programme and seek a new agreement with the troika.
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!