ANTONIO COSTA THREATENS TO RESIGN IF PARLIAMENT PASSES TEACHERS' PAY HIKE




Serhat TUNAR -TDO- Portuguese Prime Minister Antonio Costa threatened to resign on Friday after his leftist allies abandoned the government in a preliminary parliamentary vote that could undermine efforts to balance the budget by raising teachers’ salaries retroactively.

Portuguese Prime Minister stated that in the case of an increase in the salary of teachers, other officials will demand it and the country's economy will be adversely affected by this situation.

Costa, urging members of the government to convene urgently, met with President Marcelo Rebelo de Sousa of Portugal and said he would submit his resignation if parliament is approved the pay hike.

“We cannot be accomplices to spoiling everything that cost Portuguese so much hard work,” Costa said, arguing that the measure would compromise the path of budget consolidation that helped Portugal win back investor confidence and leave its 2011-14 debt crisis behind.


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