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Europe Daily Bulletin No. 10339

18 March 2011
Contents Publication in full By article 30 / 38
GENERAL NEWS / (eu) eu/portugal
Political crisis suggests financial aid may be needed

Brussels, 17/03/2011 (Agence Europe) - Portugal has entered a new political crisis. The minority government headed by José Sócrates is facing rebellion by most of the centre-right opposition, which is refusing to endorse the new austerity measures announced on the day of the eurozone summit to meet Portugal's pledge to reduce its public deficit to 4.6% in 2011 and 3% in 2012 (see EUROPE 10334). “Failure to approve the new measures in the budget plan would push the country to external...

Contents

THE DAY IN POLITICS
GENERAL NEWS