Covers environment, transportation, urban and regional planning, economic and social issues with a focus on Finland and Portugal.

Wednesday, March 23, 2011

Portugal PM Socrates Resigns After Parliament Rejects Austerity Plan [VIDEO]

Portugal political crisis over  sovereign debt - Prime Minister José Sócrates tendered his resignation after Parliament rejected a new government austerity plan (PEC IV), moves expected to greatly increase pressure on the country to accept an international bailout.
In Ireland a bail-out by the euro zone’s rescue fund helped to force the government into calling (and losing) an early election. In Portugal an early election may force the government into accepting a bail-out. The question is: which government?


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