tag:blogger.com,1999:blog-4521984283069584860.post6150336549937555986..comments2024-03-27T23:18:40.301+00:00Comments on Portugal Newswatch: ‘People power’ and Portugal’s economyPortugal Newswatchhttp://www.blogger.com/profile/13869883354165870813noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4521984283069584860.post-64310436582438908682013-03-10T22:12:35.315+00:002013-03-10T22:12:35.315+00:00Can such a 'small' country & economy e...Can such a 'small' country & economy ever dig their way out of the debt they have created? I feel it is similar to the guy with his credit card at maximum & insufficient income to pay pay the minimum !<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4521984283069584860.post-5050776394952462152013-03-09T10:15:49.304+00:002013-03-09T10:15:49.304+00:00I think the last para sums up the whole problem. I...I think the last para sums up the whole problem. Is the opposition Socialist leader António José Seguro the right man to lead Portugal from the darkness into the light? I suspect that when election time comes that Passos Coelho will have emough behind him to start to offer the elctorate some sweeties, e.g. raise the minimum wage, reduce IVA on selected sectors etc In the meantime the current regime, with the exception of Economy Minister Pereira and maybe the fragrate Assunçao Cristas in Agriculture, has become bunker-bound, not seeing that some of the ayusterity measures make no sense either politically or financially e.g the 'guia de transporte' system starting in May which will cost 1.2 billion a year to implement with no discenrible upside apart from more money taken by the GRN in roadside fines. paulhttp://www.algarvedailynews.com/noreply@blogger.com