Portuguese Finance Minister talks to @richardquest
Here is an interview the Portuguese finance minister gave to CNN’s Richard Quest on his show Quest Means Business.
Throughout the interview the minister expresses his feeling that the markets are overreacting to the threat of debt default on the part of Portugal, and that the recent measures taken by the Portuguese parliament to increase spending on regional budgets, that were approved by the opposition without support from the government can be prevented by using legal provisions that allow the minister to cut back on spending.