Portugal’s painful austerity programme runs into trouble

FT World Weekly

• Episode: Portugal’s painful austerity programme runs into trouble
• Website: FT World Weekly
• Feed URL: http://rss.acast.com/ft-world-weekly
• Duration: 00:10:24
• Published: 2013-04-11 18:30

Pedro Passos Coelho, Portugal’s prime minister, is one of Europe’s staunchest backers of austerity. But his government’s painful two-year programme of structural adjustment has yet to deliver the results promised. And late last week, the country’s constitutional court issued a ruling that could fatally undermine his efforts to get the economy back on track.

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