Bail-Out views

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Last updated 7 April 2011 to 23:08 am by Rob young business reporter, BBC World Service, Lisbon and Frankfurt Dinis Coelho Dordio had to cuts in his shop that view by Dinis Coelho Dordio farm has one of the most beautiful in all Portugal.

His Sintra you can farm house an old Castle and a former Royal Palace located at the top of the wooded hill, starting at the bottom of his country.

In the Centre of the well-maintained lawn can a giant white marquee holds 300 guests. The family rented it to couples hold wedding receptions.

But the business has made by Portugal's savings program of spending cuts and tax rises are, as their growing debt control the Government fought has.

"Today is a little too large [marquee]." Nowadays, it is not usually 300 guests. There are 200 maximum, because we are in a crisis, "he says."

The family business to employees had fired and tries to diversify in the restaurant industry.

Dini is concerned, but things get even worse if, as expected, an international Bail-Out more closely strapped means more belt.

"People are afraid because we don't know if we have social security, when we will have money for pensions in a few years." "As people start, really, whether or not money to spend."

Jobs problem

The Centre of the city of Lisbon is an hour away by train, where old, bright yellow trams along cobbled streets trundle.

The sidewalk cafés of Chiado of district are the place to politics and philosophy for more than a century to discuss.

In fact a statue of famous writer of the country travelled Fernando Pessoa, on one of the tables.

SIP an espresso near 27-year-old Joao Gomes.

He graduated from the University with a degree geography a few years ago, since he can only get temporary jobs - a major problem for the young nation.

But he does not think, strict - whether by the Government or a EU IMF Bail-Out - is the right recipe to get the economy on its feet again.

"I accept it." I think taxes are very high, they are too high, "says he."

He fears that achieve a Bail-Out of Portugal's European Union partners, the country in an even bigger financial mess.

We should manage the problem and not ask for help from the outside. We know that every cent we questions, we have to back pay more in the future. "

"Happy People" Homens as Luta hope restore national pride in the this year's Eurovision Song Contest

Financial crisis of the country is also the subject of the Portugal's entry in the Eurovision Song Contest.

The ironically titles that Sung "A Luta É Alegria" or "The battle is joy" of comedians turned singer of Homens da Luta.

Lyricist JEL says that to solve leaders and ordinary people of the country in complete disagreement to the financial difficulties of the country are.

"The vast majority of the politicians who govern us demand to bring people to the victims." "Young people with talent are Portugal because they can find jobs, where they can ahead."

He shall think it restore some national pride, numbers can be when he and his group in Eurovision in Germany may, compete may even against the country for Portugal's Bail-Out?

"Our song bad, speak of Germany or any other country" he says. "We go to Germany, to Europe show that Portuguese are not sad people." "We are happy people who want to live with our brothers in Europe."Euro capital

The European charity strain is a thousand miles away in Germany signs for.

Opinion polls have about half the German does not want to, that their country to hand over all more money to bail out debt-ridden countries proposed.

As Europe's richest country, Germany is the largest guarantor of programme to give that money to run massive money in European countries.

Frankfurt is the capital of the European monetary system, housing the European Central Bank, the guardian of the single currency.

The European Central Bank is highly visible in Frankfurt am main

Outside Headquarters, there is a huge bright yellow and blue sculpture in the form of the euro currency symbol.

Tourists get their photos under it. But the currency and everything, what it has become a source of irritation for some in Frankfurt am Main.

Clemens Christmann from the Hess "German taxpayers fear of other countries debt to pay are", says industry association, an organization that represents mainly family owned company.

"I'm pretty sure that the German taxpayer will not accept from year to year increased spending for other European countries."

"Other laws"

Germany's various levels of Government are their own levels of public spending cuts as they try to balance their books.

Rome's square, the medieval square next to the main, has a main meeting place of the city for centuries.

People here not about whether euro contributions to the most indebted Nations still should Germany multi-billion agree.

It has a mixed reaction in Germany the country's contribution to the euro-zone rescues

"We have more laws make, so that countries in Europe, which have difficulties need no help from the other countries in Europe," says a local.

Her friend remembers the days before the euro was lovingly.

"The German mark was better." "It was better when each country had its own currency."

But European solidarity has not completely disappeared. The Federal Government's argument that benefits from a strong euro Germany resonates clearly with some.

"Germany got huge benefits from the euro." You [countries in difficulties] must be supported. What can we do? These countries would break "another says resident."

Exporter benefits

In Frankfurt's oldest music store hundreds of classical and e guitars on the walls hang music, cream.

Half of the shop are selling for people outside of Germany.

Co-owner Bernie Hahn says that exporters benefit his country of all Bail-Outs in the long run.

"If we strong neighbours, still not, our buy products that have?" As an investment in our own economy at the end of the day is it, "he says."

But it is not only trade, which motivates him - it's also a feeling of being a European.

"It was part of the deal from the beginning." Everyone knew that we pay for it. "We are the strongest economy in Europe so that only the deal is."