Football: Catching up with Portugal

1966-10-11-cover-no-flash50 years ago England beat Portugal in the ’66 World Cup but Mark Perryman argues English decline has left England racing to keep up with their Euro rivals

Thursday night’s pre-Euro England friendly versus Portugal is bound to provoke a 50th anniversary revisiting of England’s best match of the ’66 World Cup. No, not the much feted final, rather many would argue it was the semi against Portugal. Eventual Golden Boot winner, awarded to the tournament’s top goal-scorer, Eusébio, was in his superlative pomp with the 82nd minute penalty he scored pushing England all the way. Never mind though, the contribution of Bobby Charlton to England’s campaign has tended to be overshadowed by Geoff Hurst’s hat-trick in the Final but it was Bobby’s brace that saved England in the semi, the team running out eventual 2-1 winners. Continue reading →

WANTED: Unity against austerity

The spectre of austerity haunts Europe. It poses no doubt an existential, as well as an economic, political and social threat. The take-up across the continent of impoverishment as an economic policy became a recipe for failure, as much of the trade these countries did between each other broke down. The seams of society are on the verge of breaking, as the economic situation puts many in poverty, thus straining the bonds of solidarity, and feeds long-forsaken tensions, many of which nationalistic. Incumbent governments everywhere around Europe are being voted out, and their replacements are briefed against their aspirations for alternative.

There is an image of unavoidability that is projected in a deliberate attempt to suppress calls for change. But this suppression is increasingly explicit and unacceptable to a silent majority of Europeans whose aspirations to a decent standard of living are being frustrated. As it becomes clear that the European Union, with Angela Merkel as its leading figure, are directly antagonistic to those aspirations, and actively and explicitly defeating them, diffidence and even suspicion against the European project becomes an increasingly popular sentiment. Continue reading →

Portuguese Socialist Seguro should learn from Bersani’s mistakes

Crisis is palpable in Portugal. In an article on one of Portugal’s most widely read newspapers, former President Mário Soares, one of the most respected political figures in Portugal, said that the government was ‘neither legitimate nor democratic’, publicly urging it to resign. This follows after an estimated 1.5 million people across the country took to the streets on Saturday under the slogan ‘Screw the Troika! We want our lives!’. Continue reading →

Central bankers are taking over the EU

Though little remarked on, there is a very striking difference between the ruthless approach adopted by the European Central Bank (ECB) to indebted sovereign States compared to its treatment of banks. When Portuguese banks declared they would not any longer purchase bonds if Lisbon did not seek a bailout, the Prime Minister was forced to succumb, only to be told a week later that the banks had had ‘clear instructions’ from the ECB to turn off the tap.

In other words, the ECB in effect brought down the Portuguese government. When the ECB stepped in with a massive bond-buying programme when yields in Italy reached dangerously high levels, it made clear the price: still further austerity and labour market de-regulation.

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Portugal: Optimistic PM ‘on another planet’

Portugal’s prime minister is ‘living on another planet’ unions said this week after Carlos Passos Coelho predicted that investment in the crisis-hit economy would bounce back next year.

The right-wing premier’s upbeat assessment of the country’s prospects came after fresh data showed unemployment has hit a record 15% in the second quarter, and the country’s economy contracted for a seventh quarter with industrial production down 4.4% in June, twice the pace of the euro area.

The government, which has been implementing a brutal austerity programme under a 78-billion-euro EU-IMF bailout, forecasts unemployment will increase to 15.5% for all of 2012 and to 15.9% in 2013. And that’s just the official figures – the true level is 22% say unions. Continue reading →