Financial Times:José Sócrates, Portugal’s Socialist prime minister, has spent most of the past year trying to convince international investors and other eurozone governments that he will do “whatever it takes” to avert the need for an international financial rescue.On the eve of a crucial bond auction on Wednesday, he now has an extra problem on his hands: growing political tensions within Portugal, with the main opposition party launching attacks on the prime minister’s handling of the economy, having earlier backed his deficit-cutting measures.
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Financial Times:José Sócrates, Portugal’s Socialist prime minister, has spent most of the past year trying to convince international investors and other eurozone governments that he will do “whatever it takes” to avert the need for an international financial rescue.On the eve of a crucial bond auction on Wednesday, he now has an extra problem on his hands: growing political tensions within Portugal, with the main opposition party launching attacks on the prime minister’s handling of the economy, having earlier backed his deficit-cutting measures.