This is just one of many surprises for these bankrupt states. Just as here, "The country's hard left is already getting ready to battle further cuts". The increased funding will go to keeping public-private enterprises going, keeping the statist problems alive and well to drain the economic life until the next crisis hits. In a free market, inefficiency dies, is statism it grows as the solution is always more funding for institutions that can't balance their fiscal loads.
Hidden state debts may push Portugal bailout to €90bn | World news | The Guardian: www.guardian.co.uk/world/2011/apr/07/portugal-hidd...ilout
http://chum.ly/n/7ffcea
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