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
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