Monday, 15 February 2016

The economic chaos in Portugal, serves as an example for the Irish, who do NOT want to be like Portugal !!

Enda Kenny uses the Portuguese case 
to demonstrate the dangers that, are behind the economic instability.

The Irish Prime Minister, Enda Kenny, 
said during the election campaign, 
that Portugal is paying a high price, due to the political instability, 
that was installed in the country, following the last October elections. 
"We do not want to be like Portugal," he said 
- classifying the price to be paid by the Portuguese, 
as "horrendous".

Political stability guarantees that the Irish efforts 
to revive the economy 
will not be destroyed at the hands of political instability, 
as in Portugal.

The election is a battle between stability and chaos,
just see what happened in Portugal, 
losing its international credibility, 
as a result of the political stability caused by the coalition 
of radical communist parties with the socialists, 
who lost the elections, but even so managed 
to gain a parlamentary majority, 
who has endevoured to revert, cancel, and destroy, 
all structural reforms and international business deals 
of the previous government PSD/CDS, 
causing alarm bells sounding in all Europe and elesewhere.

From the Economic Newspaper 15 January 2016




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