Portugal parlt passes EU fiscal pact by huge majority
LISBON, April 13
LISBON, April 13 (Reuters) - Portugal's parliament on Friday approved a key European treaty on budget discipline by an overwhelming majority, confirming the broad political consensus that has enabled the debt-laden nation to perform well in its first year under an EU/IMF bailout.
The pact was approved by 204 votes to 24, with two abstentions, after the main opposition Socialists declared their unconditional support the previous day.
A law on deficit limits has still to be detailed in what may be a lengthy process, but confirmation of such broad political support for the German-inspired budget discipline pact is a positive signal out of recession-hit Portugal, which many investors expect to need to be bailed out a second time.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Two killed, four wounded in Washington state school shooting
- Two U.S. states to quarantine health workers returning from Ebola zones |
- NYC police say hatchet attack by Islam convert was terrorism |
- 'We won't pay,' furious Cameron tells EU over surprise bill |