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Wednesday, March 9, 2016

Portugal’s new president wants prudence, growth after crisis


LISBON, Portugal — Marcelo Rebelo de Sousa has been sworn in as Portugal’s new president, making an appeal for prudent government spending after a recent financial crisis as well as a new focus on generating growth and jobs.
The veteran center-right politician and law professor who became a popular television personality takes over a largely figurehead post with no executive power, but one that can carry a political punch when the head of state speaks out.
Rebelo de Sousa, who won a January election, swore to uphold the Portuguese Constitution in a ceremony at Parliament on Wednesday.
He said in a speech that Portugal needs to heal the political and social wounds left by the sacrifices made after Portugal’s 78 billion-euro ($85.5 billion) bailout in 2011 and give people a reason for hope.
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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