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Press Review – President mediates between coalition partners, avoids political crisis

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Público
«Brussels: Euro countries “convinced” period of uncertainty in Portugal is over», reveals Público, as eurozone finance ministers concluded the seventh quarterly assessment of Portugal’s adjustment programme on Monday, and gave the green light for the country to receive its next tranche of €2.1bn.

Correio da Manhã
«Nazaré wave kills… tourists», reports Correio da Manhã, as French tourist Josaine, 71, was killed after being swept out to sea, near where surfer Garrett McNamara caught the world’s biggest wave earlier this year.

Diário de Notícias
«Cavaco mediated between Passos and Portas», writes Diário de Notícias, as President Cavaco Silva met with Prime Minister Passos Coelho on Sunday morning to discuss the eventual political crisis in the PSD/CDS-PP coalition due to the controversial tax on pensions. According to the daily, the president also called Minister of State and Foreign Affairs Paulo Portas, leader of the coalition’s junior partner CDS-PP, and that the political crisis was resolved in time for the extraordinary cabinet meeting that took place later in the day.

Jornal de Notícias
«Direct train Porto-Vigo to start in summer», reports Jornal de Notícias, the announcement having been made on Monday at the 26th Portuguese-Spanish Summit in Madrid during a meeting between the prime ministers of both countries.

i
«Portas achieved nothing: Cuts to pensions confirmed in Brussels”», reveals i, as at the Eurogroup meeting in Brussels, Minster of Finance Vítor Gaspar confirmed the government is going ahead with the proposal to tax pensions and will only have it replaced when it can come up with a viable alternative. According to the daily, the new surcharge proposed on pensions is worth €436m for the state coffers.

Diário Económico
«Government closes seventh assessment but maintains tax for pensioners», writes Diário Económico, as the “most difficult” quarterly assessment by the troika of international lenders was concluded on Monday but the financial daily reports that the priority still lies in finding an alternative to a new tax on pensions – which will continue to be debated in upcoming weeks. The paper also reports that all the austerity measures agreed during the seventh quarterly assessment could be altered.

Jornal de Negócios
«Troika piles on pressure on objectives for 2014», reports Jornal de Negócios, as the Eurogroup applauds Portugal’s new spending cuts presented by Minister of Finance Vítor Gaspar, while the tax on pensions is no longer a structural “benchmark” for the International Monetary Fund which will facilitate its replacement.

A Bola
«Bring the cup», writes A Bola, as Benfica manager Jorge Jesus says it is important to get to the finals, as the team gets ready for the Europa League final on Wednesday.

Record
«Vieira to pay €3m», reveals Record, as the president of Benfica has promised to give the squad a fair part of what he earns from UEFA.

O Jogo
«Only Paços has resisted Jackson Martínez », writes O Jogo, as the FC Porto player has scored against 14 out of 15 teams in the championship league but Paços de Ferreira is the exception.


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