Portugal Politicians In Talks Over Gov't Future
Others thought that left-leaning parties, such as the Socialists who want more job-creation measures, ought to replace the current administration. The Socialists, though, were the party in government at the time of the bailout in 2011.
"We need to change the government. It's not working this way," said a 59-year-old unemployed woman called Deolinda, who declined to give her surname. "We need a party (in power) that can get the country moving again."
Making big changes in economic policy won't be easy, though. Despite the worst recession in almost 40 years, the bailout agreement signed by all three major parties demands further cuts in expenditure over the next year.
Portugal's creditors â¿¿ its partners in the eurozone and the International Monetary Fund â¿¿ won't hand over the bailout funds, which are delivered in stages, unless debt-heavy Portugal cuts even deeper.____ Geir Moulson in Berlin contributed to this report.
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