PCP launches campaign to “prepare to leave the euro”

With the PS government’s popularity at an all-time high, PCP allies are preparing a New Year campaign to “discuss the consequences of the single currency” and defend Portugal’s “liberation from submission to the euro”.

PCP secretary general Jerónimo de Sousa said the six-month campaign will also involve a demand to renegotiate the country’s debt, and overhaul its financial system, now almost exclusively in foreign hands.

The idea is to “widen awareness” of how “EU constraints and impositions” are unsustainable, writes Público.

In his communiqué issued over the weekend, de Sousa added that the upcoming ‘bargain basement’ sale of Novo Banco is the worst way of protecting the public interest, and that a better alternative would be to put the so-called good bank into State control.

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