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Portugal : Clouds on the sky in Europe ?


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Portugal : Clouds on the sky in Europe ?

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rleplae's Avatar
 rleplae 
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Portugal had elections a couple weeks ago and is currently struggling to create a new government.

While the budget deficit is sky high, it seems that socialist (left and ultra-left) might be on the move
The story is that they don't want more austerity and no new austerity, while there is a big gap
between the revenue and the spending...

It looks like a new situation is boiling, similar to the one in Greece.
It is another small crack in the fragile Europe financial situation.

To early to say to what level it will escalate ...
Any thoughts..

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Last Updated on October 21, 2015


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