Mario Draghi, President of the Central European Bank.
Contrary to the current climate of alienation
with the presence of Mário Draghi,
president of the European Central Bank,
in the first State Council,
convened by the new President of the Republic,
Marcello Rebelo da Sousa,
is the serious warning which Draghi left,
regarding the critical situation of the economy
and of the Portuguese public finances.
In his speech at the Council of State,
Draghi was essentially a forceful voice,
full of common sense advice for Portugal,
whose serious warnings,
should be taken seriously
by the major national political parties.
In his speech, the President of the ECB,
welcomed the adjustment efforts made
over the past four years in Portugal,
referring to the undeniable fact,
that there is still a long way to go to make more reforms.
Following that observation, Draghi issued a serious warning:
the previous reforms, done by the PSD/CDS coalition,
should NOT be canceled;
It is essential to preserve what has been achieved
and Portugal will need to go much further in its Reform Program.
Draghi also stressed the importance of maintaining the credibility
of the budgetary rules,
and with finely tuned language in diplomatic terms,
recalling the failure of Portugal's Stability and Growth Pact,
and welcomed the Portuguese authorities´ commitment
to the European Commission, to implement a plan "B"
with additional austerity measures if it proves to be necessary.
The Plan "B", which existence, António Costa and Mário Centeno,
deny, while in Portugal!!
But, with the European Commission,
they have assumed a strong commitment.
They are completely allergic to any "austerity measures",
because it would go against their propaganda war against austerity
and sink their "turning-of-the-page" policy,
and their communists bedfellows
will cause the minority Socialist government to disintergrate completely,
dictating the end of António Costa´s political career as unelected PM.
Contrary to the climate of widespread alienation
that seem to have settled in the country,
with an uneasy state of grace
of the "contraption-socialist-communist government",
was marked by the passage of Draghi´s presence in the State Council,
where he issued a serious warning regarding the critical situation
of the portuguese economy and public finances.
The stabilization achieved, in recent years,
by the government of the PSD/CDS, with Passos Coelho as PM,
is far from a foregone conclusion
and the ECB can not guarantee everything,
especially when faced with irresponsible governments.
Meanwhile, here in Lisbon,
one of the far-left communist partners who supports
the "contraption" socialist-communist goevernment,
organized a pathetic and irresponsible protest against the ECB,
while the minister of culture,
threated with physical violence, two critical columnists
and the LGBT lobby took advantage
to advance their political agenda,
at the Military College (and the Armed Forces),
under the patronage of the Minister of Defense of the "contraption".
All these scandals, while the finance minister, Mario Centeno,
is unauthorized publicly, by the action of powerful CRUP lobby,
which is a very bad sign for the budget execution
and only confirms with this evidence,
that the "contraption" socialist-communist government
of António Costa, prepares to cheerfully ignore,
the serious warnings left by the President of the ECB.
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