Gates accuses Costa making “hasty reading” about the decision … – Express

Gates accuses Costa making "hasty reading" about the decision … – Express

CDS-PP leader classified today as “very positive” the decision of the European Central Bank (ECB) to buy government debt, whereas the socialist secretary general made a “hasty reading” program Mario Draghi announced by.

“The decision of the European Central Bank is very positive,” said the leader of the CDS-PP and deputy prime minister, Paulo Portas, told reporters at party headquarters.

Stressing that this is a decision aimed at avoiding deflation, improve growth through investment and stimulate the existence of reforms, Paulo Portas criticized the “hasty reading” the leader of the PS, António Costa, made on the matter when considering that it was “a heavy defeat” political and doctrinal Prime Minister.

On the one hand, said Paulo Portas, the decision the ECB is only to countries that meet the goals or showing a trajectory that aims to meet the goals and, looking to the “risk sharing”, it turns out that “80% of the risks are the national central banks, 20% are European and central level “,” what is different from pooling that sometimes the PS speech. “

” Finally there is another turning point: if Portugal has followed the advice or the position of the PS that was to ask for more time or ask for more money, we had finished the rescue, we still had the ‘troika’ inside, would have to ask us a second memorandum, we would be on the table with a precautionary program, could not benefit from this decision of the ECB, “said the Christian Democrat leader.

Asked if the ECB’s decision is not contrary to what the Prime Minister has always defended, Paulo Portas did not answer directly, repeating only that the program is not intended to countries that do not meet the overall objectives and that the path followed had been advocated by the PS, the rescue would not have ended and the ‘troika’ would still be in Portugal.

Besides, he added, the country would not benefit from the ECB’s decisions.

“Not always say that more enjoyable to hear or what is more popular to say corresponds to the national interest, “he said.