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23 May 2005

My Poor Portugal

Poor being the operative word, of course...

The latest Portuguese Deficit as presented by the Governor of the Reserve Bank this afternoon is 6.83%. Seems like we Portuguese are in for another rough ride. Pretty nostalgic stuff. When Durão Barroso came in to office we also found out that the deficit was a lot higher the the previous goverment had stated...

This is how you weasel out of complying with your election promises!

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