Marques Mendes Admits Trauma from "Troika" but Says PS Would Have Done the Same

Background

Marques Mendes, a former PSD deputy and Minister of Parliamentary Affairs, recently admitted to experiencing trauma during the "troika" period, a time of severe economic austerity in Portugal from 2011 to 2014.

Mendes' Admission

In an interview with RTP, Mendes stated that the "troika" period was "a very traumatic time" for the country and for him personally, as he witnessed the negative impact of austerity measures on people's lives.

PS's Response

Mendes also stated that, despite the trauma, the Socialist Party (PS), which was in power during the "troika" period, would have implemented similar measures if faced with the same circumstances.

Justification

Mendes argued that the PS made difficult decisions based on the economic situation at the time. He emphasized that Portugal was facing a severe debt crisis and needed to implement austerity measures to meet international financial commitments.

Expert Opinions

Experts in economics and political science have weighed in on Mendes' admission and the PS's response.

Economists

• Economists generally agree that austerity measures were necessary to stabilize Portugal's economy during the "troika" period.
• However, they also acknowledge that these measures had a significant negative impact on people's living standards.

Political Scientists

• Political scientists have analyzed the PS's decision-making process during the "troika" period.
• They argue that the party faced immense pressure from international lenders and had limited options in dealing with the economic crisis.

Conclusion

Marques Mendes' admission of trauma from the "troika" period highlights the personal toll of austerity measures. While economists argue their necessity, the negative impact on individuals cannot be ignored.