The main story in the Portuguese press this Friday is the shortfall in tax revenues which is making it impossible to meet the 4.5% target defined by the troika, pressuring the government to either increase austerity or seek greater flexibility. Also making headlines is the government’s proposal for the privatisation of state-owned broadcaster RTP.
«RTP1 to be privatised», according to weekly newspaper Sol, as the government announced its decision to have the first channel of state-owned broadcaster RTP licensed to the private sector for a period between 15 and 25 years while still retaining ownership of the company. The government also wants to shut down alternative channel RTP2.
«Government closes RTP2 and admits licensing all other channels», reports Público, after the government’s advisor for privatisations António Borges revealed in an interview that the second channel of state-owned broadcaster RTP is to be shut down, while admitting as an “appealing scenario” the privatisation of all other television and radio channels.
Correio da Manhã
«Tragedy announced on Facebook», writes Correio da Manhã, disclosing new details about the case of a mother who killed herself and her two children in the town of Castro Marim in the Algarve after having announced her intentions on Facebook.
Diário de Notícias
«Government will have to demand new sacrifices to comply with deficit targets», reports Diário de Notícias, as recent budgetary execution data show that the 4.5% deficit target imposed by Portugal’s international creditors will be impossible to reach without further austerity measures as tax revenues fall in the last seven months.
Jornal de Notícias
«€2.8bn tax hole», reveals Jornal de Notícias, about the shortfall registered in tax revenues during the last seven months, much higher than previous estimates, which is putting the government’s 4.5% deficit target for 2012 in doubt.
«BCP and BPI execs only receiving half salary since July», writes i, as demanded by the government in exchange of financial support from the state.
«Government will fail 4.5% deficit target without more austerity», reports Diário Económico, as the government prepares to meet with the troika’s representatives next week who will decide whether the country will need more austerity or increased flexibility for the deficit targets.
Jornal de Negócios
«Solution for deficit in troika’s hands», reveals Jornal de Negócios, as the government prepares to negotiate with the international lenders whether to make the deficit targets for 2012 more flexible or to introduce more austerity measures for the country, to overcome the shortfall in tax revenues.
«Carrillo: the voice of justice», writes A Bola, about the Sporting player who scored a goal against Danish club AC Horsens for the UEFA Europa Cup.
«Capel opened the way», reports Record, about the decisive performance by the Sporting player who helped Carrillo score a goal for the Lisbon team.
«Ricky forgives, Carrillo saves», writes O Jogo, also about the positive performances revealed by Sporting’s players in the match against Danish side AC Horsens.