Portugal PM Issues Bailout Warning

by
editors
Portugal's prime minister has announced severe cuts in public spending following a decision by the constitutional court rejecting a number of austerity provisions in this year's budget.

 
Portugal's prime minister has announced severe cuts in public spending following a decision by the constitutional court rejecting a number of austerity provisions in this year's budget.
 
Pedro Passos Coelho said that he respected but disagreed with a decision by Portugal's highest court to reject its proposed austerity measure - saying it would have consequences for the entire country and threaten the nation's position in the eurozone.
 
 
Read it on Al Jazeera