The president of the republic on Thursday believed there are worrying signs in the global economy, with repercussions in Europe, citing the collapse of North American banks and its impact on other financial institutions and stock markets.
In conversation with journalists in Palácio Baldaya, in Lisbon, Marcelo Rebelo de Sousa expressed his concern about these events, with the rise in inflation in the United States of America and with the continuation of “a very sharp increase in interest rates” by the regulatory authorities.
“All in all, it could – let’s hope not – make it difficult to get out of the crisis and recover economies. Let’s hope not, but I’ve seen assurances in other times that the solutions found were solid for certain crises, and then it wasn’t so easy to find solid solutions,” he said.
According to the head of state, yes an “economic situation, not specifically in Portugal, but in the world and with repercussions in Europe”, which “does not facilitate the task of governments, does not facilitate the task of economic recovery and may mean the continuation of crisis factors” .
When asked if he believes that the Portuguese financial system could be affected, he replied: “No, I did not say that. I said that the signals from abroad are unexpectedly not good signals”.
“We continue to go to war, we still have high inflation in several countries around the world, and this news of rising inflation in the United States and the news of hesitations, not to say disruptions, in the stock markets and in international financial institutions is not good”, reinforced.
Marcelo Rebelo de Sousa spoke with the Minister of Culture, Pedro Adão e Silva, by his side, after the opening of an exhibition on Amílcar Cabral, hero of the independence of Guinea-Bissau and Cape Verde, promoted by the Commemorative Commission for the 50th Anniversary April 25.
Source: DN
