What to Expect from António Costa
Miguel Nunes Silva
July 11, 2024
Costa’s cowardice and lack of scruples could lead him to normalise extremist policies without a thought.
At the heart of Portugal’s budget deadlock are three policy goals: economic growth, a balanced budget, and more funding for the welfare state. The conflict between these three goals is not unique to the Costa budget, nor is it unique to Portugal. This is a Europe-wide volcano that happened to erupt in Portugal, and has led to an attention-grabbing political crisis.
Portugal’s president dissolves parliament, after the national assembly rejected the government’s draft budget.
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