Over the weekend
Expresso
«Portugal doesn’t need troika money until September», wrote weekly newspaper Expresso on Saturday, as the country reportedly has a substantial liquidity buffer to last it months without requiring the next tranche from its international bailout lenders (European Commission, Interational Monetary Fund and European Central Bank).
Monday
Público
«CDS puts pressure on PM for new cabinet reshuffle», reveals Público, as Pires Lima, one of the leaders of junior coalition partner CDS-PP said he “hoped” that the replacement of Deputy Minister Miguel Relvas was just the “first act” of a “more complete reshuffle” of the cabinet. According to the paper, the CDS-PP also wants to see the government bolster investment and the economy.
Correio da Manhã
«State-owned enterprises allow monthly salaries of €12,000», reports Correio da Manhã, as some public-sector managers are earning more than the president of the republic, with some salaries reaching €25,000 a month.
Diário de Notícias
«Portas pressures government for new reshuffle and demands bridge with PS», writes Diário de Notícias, as the minister for foreign affairs and leader of junior coalition partner CDS-PP, Paulo Portas, defended that Prime Minister Passos Coelho should extend the mini-reshuffle carried out last week, and also that dialogue should be established with the leading opposition Socialist Party (PS).
Jornal de Notícias
«Lisbon and Porto metros lose €2bn in financial roulette», writes Jornal de Notícias, as the country’s two undergrounds have taken on risky financial investments, with Porto metro incurring in losses of €832.3m and Lisbon metro €1.13bn in the third quarter of 2012.
i
«Socialist leader sleeps peacefully after reelection», writes i, as the Socialist leader António José Seguro says he had “genuine support from the Socialists” after he was reelected with significantly more votes than he obtained two years ago. According to the paper, Seguro added that he was a calm leader and always had been because he acts according to his convictions.
Diário Económico
«Government delays return to markets with 10-year bonds», writes Diário Económico, as the government is waiting for an announcement on 15 May regarding whether eurozone finance ministers will extend the deadline for Portugal to pay back its bailout loan over another seven years, before issuing 10-year debt.
Jornal de Negócios
«Ministries forced to save to pay holiday bonuses», reports Jornal de Negócios, as a “Plan B” to the Constitutional Court’s rejection of four of the state budget articles and the government’s intended permanent cuts to public expenditure will be revealed by the end of the month. The daily reports that civil servants and pensioners on the “hot seat”, as Minister of Finance Vítor Gaspar carries out further cuts to earn the country more time to pay back its bailout loans.
A Bola
«I have to win this cup!», writes A Bola, quoting Benfica manager Jorge Jesus, as the Lisbon club has a two-goal advantage in the standings and is closer to booking a place in the final of the Portuguese Cup.
Record
«I have to win this cup», is also the headline for Record, quoting Benfica’s optimistic manager Jorge Jesus, as the club is dreaming with its two-goal advantage in the semi-finals of the Portuguese Cup.
O Jogo
«The cup has to be on my CV», writes O Jogo, quoting Benfica’s Jorge Jesus, who is confident the Eagles will return to the Jamor Stadium, where the Portuguese Cup final takes place, after eight years.