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Portugal political crisis talks break down
A week of talks by Portugal's three main parties on how to end a political crisis has broken down, leaving the country's bailout programme in doubt.
President Anibal Cavaco Silva is seeking a "national salvation" deal to back austerity policies demanded by EU and IMF lenders.
But opposition leader Antonio Jose Seguro said the governing coalition had rejected most of his party's proposals.
...
Foreign Minister Paulo Portas was unhappy with the extent of the austerity measures needed to comply with the conditions set in the 78bn euros ($102bn; £67bn) bailout received in May 2011.
Finance Minister Vitor Gaspar - seen as the architect of austerity - quit because of a lack of support for his approach.
http://www.bbc.co.uk/news/world-europe-23387403
President Anibal Cavaco Silva is seeking a "national salvation" deal to back austerity policies demanded by EU and IMF lenders.
But opposition leader Antonio Jose Seguro said the governing coalition had rejected most of his party's proposals.
...
Foreign Minister Paulo Portas was unhappy with the extent of the austerity measures needed to comply with the conditions set in the 78bn euros ($102bn; £67bn) bailout received in May 2011.
Finance Minister Vitor Gaspar - seen as the architect of austerity - quit because of a lack of support for his approach.
http://www.bbc.co.uk/news/world-europe-23387403
