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Tag Archives: 'portuguese prime minister'

Prime Minister: Portugal will see growth in 2014

Prime Minister: Portugal will see growth in 2014

Prime Minister Passos Coelho said Portugal had its financing needs “covered” and that there was “no hurry” to go to the markets.

Speech: Prime minister leaves hopeful Christmas message

The prime minister sent out a hopeful message to the Portuguese on Christmas Day, but was greeted with little festive spirit by opposition parties.

Austerity: Government’s new measures may not meet goals

The Portuguese bailout targets may require more action than the shake-up announced by the prime minister Friday, while opposition parties voice their opposition.The junior coalition member CDS-PP also expressed some “discomfort” with the new measures.

PM: Social and economic ‘structural reforms’ the priority

Pedro Passos Coelho vowed that Portugal would keep with “total firmness” the conditions to guarantee “controlled public accounts”.

Madeira: Pharmacists sell subsidized drugs again

This was the first time pharmacies in the archipelago had actually demanded full price for drugs, but they had threatened to do so in late 2011 and only called off the action when they were paid.

Madeira: Island presents austerity plan

These austerity measures closed a special process of budgetary consolidation of the island’s accounts after the recent discovery of hundreds of millions of euros of unreported accounts, threatening to swamp the autonomous region that owes some €6bn.

PM: Portugal will round ‘cape of torments’ in 2013

Passos Coelho, speaking at a Christmas party for his Social Democratic Party MPs, added that from 2013 it would be evident that “the sacrifices were worthwhile”.

PM: Portuguese deficit ‘golden rule’ needed for credibility

“We can’t continue announcing commitments summit after summit which end up not being fulfilled”, said Passos Coelho in a speech in parliament, “accords are to be fulfilled and respected”.

Socialist MP: “I don’t care about paying the debt”, political earthquake ensues

Remarks by Portuguese Socialist MP Pedro Nuno Santos during a Christmas dinner party caused uproar among his peers in parliament and was picked up by the international media.

PM: Passos Coelho says crisis will have “greater impact” on Madeira

The prime minister also said taxes would almost certainly rise in Madeira to the same levels as practiced in the rest of the country.