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Portugal braces for govt collapse amid debt crisis

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Danno   1,228

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Portugal braces for govt collapse amid debt crisis

Portugal braces for minority government's collapse amid discord over austerity debt crisis

On Tuesday March 22, 2011, 7:37 am EDT

LISBON, Portugal (AP) -- The leader of Portugal's main opposition party says the minority government's downfall is "inevitable" after it failed to win political support for its latest plan to cut the country's huge debt burden.

Portugal is trying to avoid becoming the latest of the 17 eurozone countries to need a bailout, following financial aid for Greece and Ireland last year.

But all opposition parties have balked at the Socialist government's new austerity measures, which are expected to be rejected by Parliament even though European leaders praised them.

Pedro Passos Coelho, leader of the main opposition Social Democratic Party, said late Monday that the political deadlock made an early election unavoidable.

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"Those people who will not be governed by God


will be ruled by tyrants."



William Penn

 

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