Why the Portuguese public debt is not payable

There has been “not one historical incidence” where austerity policies have led a country to get out from under a heavy debt burden.  Ashoka Mody, former IMF chief for mission to Ireland Download Why the Portuguese public debt is not payable. Download the Portuguese version Porque não é pagável a dívida pública portuguesa. Summary Conclusions 1 – The debt is…

Share

2nd newsletter of TroikaWatch

Enjoy the 2nd newsletter of #TroikaWatch: In this newsletter you can read about: Overall situation European level Greece Ireland Portugal Cyprus Spain Italy Slovenia Who we are and why we write this newsletter Overall situation While the general outlook remains broadly unchanged, with the Troika still pushing for severe austerity and national governments continuing their…

Share

We don’t owe! We won’t pay! Democracy and Debt [& Port]

[Link Português] Meeting of the Spanish Citizen Debt Audit Platform – PACD in Portugal. 25th-28th April, Lisbon (Portugal) Spanish activists meet in Lisbon with Portuguese groups to analyse the problem of debt and how it affects democracy. For several days, members of the Spanish Citizen Debt Audit Platform – PACD will attend a series of…

Share