Costa says that "austerity has already proven that it is not a good way to deal with crises"

"Putting austerity on top of this crisis would only deepen the crisis," said the prime minister

Prime Minister António Costa today considered that "austerity has already proved that it is not a good way to deal with crises", concluding that no one misses the cuts in wages and pensions and or wants their return.

“Austerity has already proven that it is not a good way to deal with crises, and what this crisis needs is certainly not austerity. To put austerity on top of the pandemic crisis would be to deepen the crisis», said António Costa, in statements to journalists, at the end of an initiative in Porto.

For the executive leader, at this stage it is necessary to restore confidence to people so that the economy can resume and jobs and companies are assured.

«A crisis that has a commercial street [Rua de Santa Catarina] like this one, with so little movement, where we have traders asking and needing that people can have the means to come and have the confidence to come, the challenge that what we have is to give people confidence that they can come», he stressed.

The prime minister considered that the stores are now equipped with the means of individual protection that guarantee the safety of customers and employees and stressed that everything must be done to "maintain companies, maintain jobs and sustain income."

“So putting austerity on top of this crisis would only deepen the crisis, so it's not worth having this obsession with returning to austerity. I believe that no one was missed and no one wants to go back [to austerity]," he reiterated.

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