Pedro Passos Coelho
Last quote by Pedro Passos Coelho
Pedro Passos Coelho quotes
I believe truly that people in my country are more frightened of the possibility of having a general election than maintaining the course of our reform programme.
The financial assistance program alone already requires a large political and social consensus. But the value of consensus is even more important when what is at stake is our participation in the euro and respecting its obligations.
No one can deny that the decision from the Constitutional Court has serious consequences for the country. The decision was made public less than a week before Portugal was due to complete – with our international partners – decisive negotiations for an agreement, with our creditors, to reduce the payment of our debt and to improve the conditions for us to respect our obligations.
In these turbulent times, there is no room for doubts or for political calculations different from those that will guarantee that these goals be achieved.
I could imagine that Lufthansa is following our privatisation programme attentively in which TAP, too, is being privatised. Surely that would be a good investment for a German company.
I can assure you we are doing everything in our power, with the European Commission, the ECB and IMF to make a success of the austerity programme.
The state of our public accounts means I have to ask for more sacrifices from the Portuguese people. We have goals we have to meet and it leaves us with no alternative. But I promise you I will not let these measures be applied in an unfair and unequal way.
We are not going to rest until the confidence that was placed in us is returned. I want to assure you that we are doing all that is in our power, with the European Commission, the European Central Bank and the International Monetary Fund, so that the austerity programme in Portugal is a success.
We don't want to weigh down our partners for a second more than necessary.
So we have to streamline the public sector in the manner outlined in my programme and how it's outlined in the agreement that was made with the European Union and the International Monetary Fund.