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Sócrates Prime Minister resigns
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Last night gave Portugal's Prime Minister José Sorat (PS) the President Anibal Cavaco Silva at Belem / Lisbon his resignation, after its proposed austerity package before PEC IV was no majority in Parliament and was opposed. Therefore available after the failure of government to new elections, Cavaco Silva is the cry. Until then, however, at least 55 Days go by, So the elections are held no earlier than mid-May and by then the country will be in an uncertain phase. The opposition, especially the PSD, use the political crisis as an opportunity for new elections, hoping for a subsequent change of government. Sócrates intended by his austerity package, the new debt 2011 by date 7 % on 4,6 % to reduce and made it clear after his resignation, that the political crisis in Portugal now "extremely serious consequences" will have. Responded with sharp criticism of the opposition to the austerity package in the IV provided for cuts in pensions, up 2013 would not increase and cuts in health- and social system. She also was unhappy with it alone Sócrates' to the EU, with whom he negotiated the austerity package. It would be the fourth within 11 Months. Portugal is now whether the EU should take rescue in claim remains to be seen, since have been to April 4,2 Euro debt to be refinanced, to June 9,2 Billion €, what is, according to Finance Minister Fernando Teixeira hardly be feasible. Shortly before the expected resignation of the Prime Minister, the interest rates on government bonds for Portugal rose to over 8 %, According to Teixeira would be the national debt already at 7% not to refinance. Sócrates has also, after the failure of his government on a high popularity in the Portuguese population, remains to be seen, whether the election end with the expected large coalition.
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