Over the weekend
Expresso
«The president’s voice was captured by the government», wrote weekly Expresso on Saturday, as in an exclusive interview Socialist leader António José Seguro accused President Cavaco Silva of not being “neutral” and of “increasing divisions” between the government and the opposition, following his speech during the celebrations of the 39th anniversary of the 25 April 1974 revolution.
Monday
Público
«Seguro to hold convention “open to all” and wants absolute majority for Socialist Party», reveals Público, as Socialist leader António José Seguro promises consensus but only if he becomes prime minister and says that because the country is in a “state of emergency” he would form a government coalition even if he had absolute majority.
Correio da Manhã
«State loses €12m with BPN luxury houses», reports Correio da Manhã, as a state-owned company bought houses and a hotel to clear the toxic assets of bailed-out bank BPN. The daily newspaper also reports that since 2010 the properties in the Algarve have depreciated due to the real estate crisis.
Diário de Notícias
«Crato makes schools pay salaries with money from QREN», writes Diário de Notícias, as Minister of Education and Science Nuno Crato is forcing schools to use EU funds to pay teachers’ salaries.
Jornal de Notícias
«Seguro wants to negotiate €12.5m to help change Portugal», reports Jornal de Notícias, as proposals to bolster growth and employment mark the Socialists’ congress, with Socialist leader António José Seguro calling for an absolute majority and saying he wants to form a coalition if he is elected the next prime minister.
i
«Government shattered. Socialist Party united», reveals i, as Tuesday the government will discuss alternatives to the state budget measures scrapped by the Constitutional Court, while Socialist leader António José Seguro has called for an absolute majority following the party’s congress but said he will not put an end to sacrifices to meet the country’s bailout targets.
Diário Económico
«Santander and JP Morgan negotiations on swaps continue», writes Diário Económico, as the government said on Friday it would challenge in court several high-risk hedge contracts signed by banks JP Morgan and Santander Totta that could cost the country €1.9bn. However, several sources told the financial newspaper that the banks are still willing to continue negotiations.
Jornal de Negócios
«REFER made “exotic” swap deals», reports Jornal de Negócios, as Secretary of State for the Treasury Maria Luís Albuquerque says that the products held by rail infrastructure manager REFER, where she worked as financial director, have passed in the government’s assessment to identify “problematic swaps”, but specialists claim they are “exotic”. The daily newspaper also reports that the state-owned company has potential losses of €40m.
A Bola
«European roar», writes A Bola, as Sporting Lisbon beat Nacional 2-1 at home on Sunday in the Portuguese League, thus keeping the door open to qualify for the UEFA Europa League.
Record
«Rojo’s green light», reveals Record, as defender Marcos Rojo’s late goal on Sunday helped Sporting Lisbon beat Nacional 2-1.
O Jogo
«Rojo with anger», writes O Jogo, as Diego Capel’s goal gave Sporting the lead in the Portuguese League match against Nacional, and Marcos Rojo’s secured the win.