Messages in the Media - University of Toronto

Diario de Noticias
www.dn.pt
Diario de Noticias is another popular newspaper circulated
daily throughout the country. It is predominantly considered
the country's most prestigious publication. 4 Like Jornal
de Noticias, this publication is also owned by Controlinveste.
5
FINDINGS:
EU financial aid to Portugal
Due to the country’s economic difficulties and the impact of
the Eurocrisis, the topic of EU financial support was a prevalent
one in the Portuguese media throughout 2011.
- Reports early on in the year indicated that the EIB (European
Investment Bank) stated its desire to help the floundering
economies of Eurozone countries, of which Portugal
was included. 6
- The EIB declared its intention to aid Portugal in order to
prevent from the country from falling into a recession, as
was predicted if economic conditions in Portugal continued
to worsen. 7 Germany and France echoed this concern
by insisting that the country accept financial aid as soon
as possible. 8
- In the later half of 2011, data from the Transatlantic
Trends survey indicated that majority of Portuguese citizens
(58%) considered the euro ‘bad’ for the economy
while 80% admitted they had been affected by the economic
crisis.
- Despite these trends the majority surveyed (68%) still
supported the EU. 9 The data was released shortly before
the EU allotted EUR 2 billion in financial aid to Portugal in
September 2011, meant to ease the sustainability of its
debt and improve the liquidity of the country. 10 The Eurozone
countries expressed confidence in Portugal’s capacity
to complete the financial aid program set out by the
‘troika’ (the EU, the ECB, and the IMF) and applauded the
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