THE THE

ECONOMIC ECONOMIC CRISISCRISIS

How the Portuguese press sees …

… in Portugal

NATIONAL AND INTERNATIONAL ECONOMIC CRISIS

Main topic in the Portuguese newspapers

Portugal grows 1,5% and gets farther away from Portugal grows 1,5% and gets farther away from other peripheral European countries other peripheral European countries

The Portuguese – among the least optimistic in the The Portuguese – among the least optimistic in the European Union European Union

EU is pressing Portugal to reduce the deficitEU is pressing Portugal to reduce the deficit

Portugal is a different matterPortugal is a different matter

Christmas: Portuguese families are going to spend Christmas: Portuguese families are going to spend 575 euros575 euros

Portugal grows 1,5% and gets farther away Portugal grows 1,5% and gets farther away from other European peripheral countries from other European peripheral countries

Portuguese economy has grown 1,5%

Better than other peripheral European countries

Positive result in the present context

Portuguese commercial deficit decreases

Is it a sustainable tendency?

Christmas: Portuguese families are Christmas: Portuguese families are going to spend 575 eurosgoing to spend 575 euros

Portugal is going to spend more than richer countries

More money spent on presents

More concern with prices

Smaller reduction in spending

than in Ireland or Greece

Christmas: an important celebration for the Portuguese

EU is pressing Portugal to reduce the EU is pressing Portugal to reduce the deficitdeficit

The EU pressed Portugal to reduce the deficit

Expenses mustn’t increase

Consolidation measures must be implemented

Deficit reduction must be higher

A deficit of 4,6% is expected in 2011

Portugal is a different matterPortugal is a different matter

Portuguese situation is different from the Irish

Afraid of being affected by the Irish situation

Banking is healthy enough

Actions were taken in order to reduce the deficit

Portugal is focused on keeping itsown funding on the market

The Portuguese – among the least optimistic The Portuguese – among the least optimistic in the European Unionin the European Union

Better coordination to fight the crisis

Portuguese show lack of confidence in governmental institutions

Portugal is the second most pessimistic of the EU (62%)

United Kingdom: the most pessimistic country

75% of the Europeans believe this measure will work

THE ENDTHE END