Portugal’s socialists have come under fire for proposals that would see pensioners pay for their plans to ‘turn the page on austerity’ if they are elected in general elections in the autumn. “There is an alternative, it’s possible to turn the page on austerity and have better economic results,” Socialist leader Antonio Costa said, Reuters … Continue reading
Portugal has become the first European country to approve the EU’s fiscal compact, known to critics as the ‘permanent austerity’ treaty. The country’s parliament made the move Friday, and also approved the European Stability Mechanism – the much derided long-term ‘bailout’ fund. Portugal is one of three eurozone countries to be ‘rescued’ by the EU … Continue reading
The Left Bloc and Portuguese Communist Party said Thursday that the change to the Portuguese constitution implementing the new EU Fiscal Compact imposed ‘a rule of lead’ on the Portuguese economy and would limit the options of governments ‘forever’. In the debate in parliament ahead of a vote, the Left Bloc’s Ana Drago accused the prime … Continue reading
The Socialist Party (PS) asks the Social Democrats (PSD) and (Democratic and Social Centre (CDS) to pretend that tomorrow there will be an addendum that everyone knows that will never exist, in exchange for the certainty of a treaty today that everyone knows is harmful. The PS wants to save face, not to protect jobs. [Former … Continue reading
Communist Party of Greece (KKE) KKE: No if there is a referendum, No if there isn’t. Yes to overthrow the monopolies ‘The dilemma Euro or drachma is misleading for the people. The interest of the people is the disengagement from the EU with people’s power and economy, which will cancel the whole debt unilaterally and … Continue reading
By Tom Gill Yet another European socialist party has bitten the dust as Portuguese voters punished the Government of prime minister Pedro Socrates for the country’s economic crisis. The country is now in the hands of the right-wing PSD – which garnered 38.6 percent, resulting in 105 seats in the 230-seat national parliament – and … Continue reading