Teresa de Sousa
Teresa de Sousa, a journalist and columnist for the Portuguese daily Público, specialises in European and international affairs.
Updated: 25 June 2010
Sources and authors
By Teresa de Sousa
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Eurozone crisis: Black autumn for the euro
20 August 201226442 Público Lisbon -
Debt crisis: Portugal – opting for the shipwreck
23 March 20112252 Público Lisbon -
Democracy: Tea Party crosses the Atlantic
1 November 2010621 Público Lisbon -
Diplomacy: Why the EU won’t stand up at G20
25 June 201024 Público Lisbon
If August was relatively reassuring on the sovereign debt front, the signals that we are moving towards a “Black September” for the euro are getting stronger. The distrust between the "virtuous" states and the most indebted ones has brought the EU dangerously near the point of no return. 
His new austerity plan rejected by parliament, Portuguese PM José Sócrates has resigned on the eve of European Council in Brussels 24/25 March. With elections on the horizon, the country is headed for a destiny similar to that of Greece’s, argues a Público columnist. 
Will Barack Obama hold out against the reactionary groundswell? The US mid-term elections on 2 November also have a bearing on Europe, where grass-roots anxieties are fuelling the rise of populist parties. 
At the summit meeting of the world’s leading economies on 26 and 27 June, France and Germany intend to put forth European proposals on bank regulation. But by threatening maverick action, they run the risk of marooning themselves.