Latest Issue

Portugal Austerity vote

Portugal goes to the polls on 5th June, a month after the announcement of its €78bn EU-IMF bailout. Prime Minister José Sócrates resigned in March, when all five of the country’s opposition parties voted against his proposed series of fiscal austerity measures. Yet whoever forms the next government will have little choice but to push ahead with similar unpopular fiscal tightening, and the polls predict a close outcome.

United States Defence reshuffle

Defence secretary Robert Gates will step down on 30th June, prompting staff moves throughout Barack Obama’s administration. Gates will be replaced by Leon Panetta, the…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect