HomeEconomyLagarde made "an incendiary speech, without pedagogy and without...

Lagarde made “an incendiary speech, without pedagogy and without a hint of social sensitivity”

Last week, the ECB Forum in Sintra brought statements by Christine Lagarde that provoked a critical reaction from both the President of the Republic and the Prime Minister. They are joined by the commentator and former leader of the PSD and even speaks of an “incendiary speech, without pedagogy and without a shred of social sensitivity.”

Luís Marques Mendes says that the ECB president “does not generate understanding” when she blames wages for inflation and recommends that governments withdraw support for the population. “She does not help the cohesion of the eurozone at all,” considered the SIC commentator. It should be remembered that the ECB leader said this week that the “most persistent inflationary process” is caused by the increase in wages, which is why she will maintain the trajectory of rising interest rates. She not only appealed to the increase in wages to be moderate, but also to the European governments to reverse the measures to help families and companies implemented in response to rising inflation.

Lagarde fires at companies: they have to sacrifice profit margins to lower inflation. The “messages” that the ECB leader wanted to give in Sintra

Marques Mendes says that the controversy between the ECB president and the politicians “is not surprising”, but says that Lagarde failed in the formula, making “the school remember the troika. It is the school of the troika, ”he said. And he believes that Marcelo and Costa “are putting pressure on the ECB’s policy.”

For Mendes, “it is necessary to maintain support” for families and also “strengthen support for housing loans.” On this last point, he even supports the brake rule proposed by DECO for the provision of housing loans. “It is a positive idea that must be reflected on and faced,” defends Mendes.

The Social Democrat also spoke of the European and threw two names on the table, for each side of the barricade. “The most likely heads of the list for PS De PSD are Marta Temido and Rui Moreira.” The former Minister of Health “is the greatest asset of the PS”, in the words of Marques Mendes —it should be remembered that this week Temido did not withdraw from other electoral races, specifically the Lisbon Chamber, and this week he is elected president of the Municipality of PS Lisbon.

If it was not a candidacy for City Councils, it seemed: Marta Temido “available” for whatever the PS wants

As for Rui Moreira, whom Mendes points to as number one on the PSD list in the European Parliament elections next year, he ranks it as “very probable.”

Source: Observadora

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