Portuguese Prime Minister Pedro Passos Coelho has warned that Portugal risks "collapse," a euro exit or a second bailout after a court ruling which deleted €1.3 billion of austerity measures in this year's budget.
Speaking in a TV address on Sunday (7 April), he used the term "national emergency" three times to describe Portugal's economic situation.
He said the country's €78 billi...
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Already a member? Login hereAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.