Worrying economic indicators and gloomy forecasts by the International Monetary Fund (IMF) are rapidly making Portugal a magnet for international speculative capital.
Independent lawmaker Rui Tavares, a historian, writing in the local press, described the international financial actors preparing to attack the fragile Portuguese economy as "gigantic octopus-vampires" that manipulate markets to make money.
The IMF revised its 2010 forecast for Portugal's economic growth sharply downward on Apr. 20.
EU-Digest: After going after Greece financial speculators now are taking on Portugal and not a sole dares to stop them Where are the promised regulations.
For more: Portugal Faces Carve-Up by Financial Speculators - IPS ipsnews.net
Independent lawmaker Rui Tavares, a historian, writing in the local press, described the international financial actors preparing to attack the fragile Portuguese economy as "gigantic octopus-vampires" that manipulate markets to make money.
The IMF revised its 2010 forecast for Portugal's economic growth sharply downward on Apr. 20.
EU-Digest: After going after Greece financial speculators now are taking on Portugal and not a sole dares to stop them Where are the promised regulations.
For more: Portugal Faces Carve-Up by Financial Speculators - IPS ipsnews.net
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