The two economists were speaking at the PSD party parliamentary meeting in Santarem. At the beginning of his speech, João Salgueiro said a profound change was approaching in Portugal and that people were starting to think that a fourth bailout “may be inevitable”.

During a debate with MPs, César das Neves added that this scenario was almost a certainty: "We are at the edge of another bailout in Portugal, and certainly a much huger crisis than that. Europe is very fragile so we are just months away from seeing very serious matters".