Saturday, 5 December 2015

With the Socialists, the risk of a new bailout is a real risk

Henrique Neto, ex-socialist deputy and Presidential candidate

"There is a risk of a new bailout and the blame will be wholly that of the PS", 
says Henrique Neto. 
Neto glued António Costa to the past governance of Socrates, 
which led to Portugal into bankrupcy 
and criticizes the economic plan 
outlined by Mario Centeno, 
the new socialist minister of Finance.

The agreement the Socialists reached with the radical left-wing parties to its left, 
is, according to Henrique Neto, 
"artificial and a bit forced"
 and "has all the conditions to be very short-lived."

In an interview to the Express, ~
the presidential candidate had strong criticism 
of the model followed by the Socialist Party and António Costa, 
who says he is glued to the Socratic past. 
"Costa was a Minister of Jose Socrates´government. 
"I can not accept the fact that people who had political functions 
and responsibilities during the Socrates period 
did not see what was happening. 
If they didn't see what was happening, 
they purposefully turned a blind eye. 
It no use denying that they didn't know or didn't see. 
António Costa is an artist in not seeing and pretending to be blind," 
accused the former Socialist deputy. 
But the criticism does not stop at the Secretary-General. 
To Henrique Neto, the macroeconomic model of the Socialists, 
drawn up by a group of economists led by Mario Centeno, 
is nothing more than a "set of inconsistent short-term measures, 
with a huge margin of risk." 
This time, he believes, 
the country runs a serious risk of having a new bailout. 
"We have had three, so why won´t we have a fourth? 
And it is a fact, to be remembered, 
that it was the Socialists who led us to the previous bailouts, "he said.

WISE WORDS FROM A WISE MAN!!

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