‘Passos tries to convince troika of new government’s robustness’

Published on 8 July 2013 at 09:05


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.


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