68ab2db0612f1e957b7cd5dc9f74f0c5438d2500

Portugal PM says austerity rejection a 'huge frustration'

A woman passing by a closed store in Fanqueiros street in Lisbon downtown, on January 6, 2014Portugal’s prime minister on Saturday vowed to overcome the “huge frustration” posed by the constitutional court’s rejection of austerity measures in Lisbon’s 2014 budget. Portugal’s highest court on Friday turned down three out of four measures brought in by the centre-right government as part of ongoing cutbacks after the country exited an international bailout two weeks ago. We will announce at the appropriate time how we will overcome this huge frustration,” said Pedro Passos Coelho. The decision by Portugal’s constitutional court is expected to cost Lisbon between 500 and 800 million euros ($670 million-$1 billion), according to media estimates.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article