‘Troika presses for political consensus’

Published on 17 April 2013

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Prime Minister Pedro Passos Coelho and opposition leader António José Seguro will meet on April 17 to discuss "new political solutions" designed to ensure the country achieves its economic targets and makes up the economic shortfall left after the Constitutional Court rejected four austerity measures in the 2013 Budget.

Following the Court decision, the troika has returned to Portugal for an unscheduled midterm review as it seeks to generate public support and cross-party political consensus between Social-Democrat coalition government and Socialist opposition.

The government must provide guarantees to the troika that it will "adopt the necessary measures to achieve the fiscal deficit of 5.5 per cent of GDP this year and a credible strategy of rebalancing the public accounts,” the newspaper writes.

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