"He lost the battle, but goes to war," as the daily, the most widely read in Portugal. After his austerity budget was rejected by Parliament, the socialist José Sócrates has carried out its threat and resigned March 23. Parliamentary elections will be held by June Outgoing Prime Minister announced that he would be nominated for this election.
He warned that the crisis would affect "extremely serious", while the country deeply in debt, should seek international assistance.
He warned that the crisis would affect "extremely serious", while the country deeply in debt, should seek international assistance.
- Portugal Does Not Need to Resort to Rescue Fund, Socrates Says (25/03/2011)
- Portugal PM says bailout, IMF loan not an option (04/04/2011)
- Portugal PM Socrates resigns after austerity rejected (23/03/2011)
- European Leaders Press Portugal on Austerity Path - New York Times (25/03/2011)
- Portugal Called On to Commit to Financial Targets (25/03/2011)
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