Portugal PM outlines new budget cuts to avoid bailout
Found on BBC News on Sunday, 07 April 2013
Portugal's prime minister has said a court ruling striking down parts of his government's budget means it will have to make other deep spending cuts.
Since tax increases were out of the question after the unprecedented increases already in the budget, he said, the only option was to cut back on other public services.
"After this decision by the Constitutional Court, it's not just the government's life that will become more difficult, it is the life of the Portuguese that will become more difficult and make the success of our national economic recovery more problematic.
They should finally admit that the Euro has failed. All this is getting out of control. You can have a Europe with different currencies; that has worked perfectly fine for a long time. The Euro is here for a little more than a decade and everything is already starting to fall apart because politicians don't want to admit that a global currency won't work like that.