‘Troika presses for political consensus’

Published on 17 April 2013 at 10:11

Cover

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.

Receive the best of European journalism straight to your inbox every Thursday
Categories
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