Público
«More time or more austerity? The troika returns and decides», writes Público, as representatives of the so-called troika of international lenders return to Lisbon for the fifth assessment of the Portuguese bailout this Tuesday.

The newspaper points out that this mission will prove crucial for the country’s future, as the inspectors will have to decide between more austerity or relaxing the deficit target for this year as a slippage of state revenues showed the 4.5% deficit target for 2012 is now impossible to reach without further austerity.

The country is currently dealing with a sharp recession and a surge in unemployment which has beaten the government’s own forecasts.

Correio da Manhã
«Politicians earn €81 more a month», reveals Correio da Manhã according to data from the Tax Office, allegedly due to an increase in transport allowances.

Diário de Notícias
«Government discusses drop in revenues with troika», writes Diário de Notícias, as the government prepares to sit down with the inspectors of the troika review mission and analyse the drop in tax revenues, economic problems affecting Portugal and next year’s state budget.

Jornal de Notícias
«Socialists will reopen RTP2 when they take office», reports Jornal de Notícias, quoting Socialist leader António José Seguro reacting to the controversial proposal to close alternative channel RTP2 and to lease to private investors the first channel of state-owned broadcaster RTP.

i
«RTP president on collision course with government», writes i, after the board of the state-owned broadcaster RTP expressed its disagreement with the controversial proposal to hand television channel RTP1 to private investors and to shut down RTP2.

Diário Económico
«Government summons bankers before the troika to discuss credit to the economy», reveals financial newspaper Diário Económico, after a meeting held Monday, 28 August, between the Minister of Finance Vítor Gaspar and several Portuguese bankers to discuss ways of financing the economy.

Jornal de Negócios
«Troika scrutinises public accounts», reports Jornal de Negócios, as representatives of the troika begin their fifth mission of assessment of Portugal’s bailout implementation today. The main issues on the table are the fall in fiscal revenues over the last seven months and next year’s state budget.

A Bola
«Sá Pinto has to change», writes A Bola, about Sporting Lisbon coach Sá Pinto after the team lost 1-0 against Rio Ave on Monday.

Record
«Lions don’t know how to score», reports Record, also about Sporting’s negative performance in the match against a “brilliant” Rio Ave.

O Jogo
«Lions on their knees», writes O Jogo, after Sporting lost for the first time on home ground against Rio Ave.