Thursday, 28 January 2016

The pinkish-red alarm clock is sounding alarm in Brussels with the draft State budget of 2016



Brussels warning about the Portuguese 
socialist-marxist-leninist government's budget draft, 
was the alarm clock to wake António Costa up 
from his irrealistic  "reddish-pinkish dream". 
The candidate for the leadership of the CDS-PP, Assunção Cristas, 
argued today, that the draft of the State budget, 
sounded the Brussels alarm clocks, 
waking-up the prime minister from his reddish-pinkish dreams, 
which could suddenly become a "very black nightmare."

"We are fully aware, that our Prime Minister, António Costa, 
who lost the elections but nevertheless still became Prime Minister, 
was in an irrealistic pink dream, during these last two months. 
But as the pink colour changed from pink, becoming increasingly red, 
it sounded alarm clocks all over", said Assunção Cristas.

"Either António Costa awakens from his dream-walking fast 
and refines the budget, according to the rules, 
or probably this reddish-pink dream will turn into 
a very black nightmare for all Portuguese".

"We've seen this film before in the past, 
we have seen how apparently low deficits, as that of 2008, 
I remember very well, 
after just two or three years, 
turned into a bankruptcy situation," 
said Assunção Crista.

"No one recognizes the government´s numbers 
of the budget outline as credible". 
"From the Board of Public Finance to the 'rating' agencies 
- wherether we like it or not, 
but they influence international markets and it affect us - 
and now, with the letter from the European Commission, 
we realize that there are many unexplained doubts", she said.

"We just have to look at the numbers with some rigour, 
just look at what appears to be an economic growth forecast 
while economic growth stems from everything else, 
especially from immediately tax collection, 
to come to the conclusion that it is very difficult 
(or nearly impossible) 
to believe that the forecast is well done, 
that it will be eventually sustainable and credible," she added.


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