How Portugal’s leaders exploited the bail out to pass measures they already supported

During the Eurozone crisis, states receiving a bailout were required to implement spending cuts and other reforms in return for financial assistance. But to what extent did the governments of these states use the opportunity to advance their own policy agendas? Drawing on interviews with Portuguese politicians, Catherine Moury and Adam Standring argue that both the crisis and the bailout strengthened the hands of Portuguese government ministers in relation to other domestic actors. And when ministers favoured policies which were in line with those backed by international actors, they were able to use the situation to push for policies they already supported.

• Primary Source

ESO: Background information: Portuguese finances continue to impress / Portugal held up as symbol of EU recovery http://www.europeansources.info/record/portuguese-finances-continue-to-impress-portugal-held-up-as-symbol-of-eu-recovery/

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