Tag Archives: 'Vitor Gaspar'

Political crises: Cavaco to address the nation on Wednesday evening

Political crises: Cavaco to address the nation on Wednesday evening

Cavaco Silva is expected to announce names in Government reshuffle ending days of speculation. The president is to address the country at 8.30pm

Crisis: Coalition leaders’ meeting ends, talks continue

The conversations between the prime minister and leader of the PSD and the leader of the junior coalition party CDS-PP are to continue in an atmosphere that a government source described as “very positive”.

“Two surreal political days”, writes PDV editor Vítor Matos

Portugal’s government will fall, even if it limps on for a few days or weeks. The country is rushing towards the edge of the cliff and an abyss. The main members of the Government have chucked all the hard-fought successes of the last two years into the rubbish bin at the cost of the people’s suffering.

Crisis: President and PM to discuss crisis Thursday

President Anibal Cavaco Silva is to receive the prime minister on Thursday, following the resignation of Foreign Minister Paulo Portas and then the parties with seats in parliament. On Wednesday there is to be a meeting of Portas’ party CDS-PP which is the junior coalition party.

Resignation: Gaspar pulls no punches over Government lack of support in letter

On resigning, the ex-finance minister released a searing letter sent to Passos Coelho, in which he slammed the lack of support to complete the negotiations in May with the troika.

Press Review – EU Comissioner not fazed by new Lisbon finance appointment

Tuesday, 2 July: “Maintain the same firm and constant path” is the advice from European Commissioner for Economic Affairs, Olli Rehn to new Portuguese finance minister, Maria Luís Albuquerque who takes over from Vítor Gaspar after his resignation on Monday.

Government: Gaspar resigns, Maria Luís Albuquerque is the new minister of finance

The minister who was closest to the troika of international creditors leaves the Government and says the cabinet will gain cohesion.

Minister of finance: Return to markets above expectations

The government will continue to issue T-bills “in the usual form” to guarantee that the conditions to return to the markets in the post-troika period are met. On the way to meeting the budgetary targets, the government released data that show an increase in tax receipts in May.

Minister of finance: ‘I have broad scope for learning from my errors”

“The programme has already ensured a broad reaching budgetary structural readjustment and the programme ensured a return to the financial markets far earlier than foreseen,” said Vítor Gaspar.

Parliament: Coalition majority approves amending budget

The first alterations to the 2013 budget include a revision of the ceilings for expenses following the Constitutional Court’s rejection of cuts in workers’ subsidies.