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...second and more optimistic prospect is that Socialist Mario Soares could form a working alliance with Ernesto Melo Antunes, Foreign Minister in the outgoing government, and other sophisticated moderate officers in the M.F.A. In light of recent political events, this scenario is barely credible, but it envisions Scares and the moderates convincing a majority of uncommitted officers in the M.F.A. that they must, for the nation's sake, respect the political feelings of the majority of Portuguese. To do this, Soares would have to define and present a realistic economic and social program and have the courage to mobilize...

Author: /time Magazine | Title: PORTUGAL: Western Europe's First Communist Country? | 8/11/1975 | See Source »

...deputy, Paolo Baffi, 64, a retiring monetary expert whose views are not known to differ from Carli's. The others are Rinaldo Ossola, 61, a former chairman of the International Monetary Fund's Group of Ten, who is credited with the invention of Special Drawing Rights, and Mario Ercolani, also 61, until now head of the bank's foreign exchange operations. The new team appears to have won the approval of Italy's business community. Says Tire Maker Leopoldo Pirelli: "While one regrets that Carli is leaving, his successors represent the best solution." For his part...

Author: /time Magazine | Title: ITALY: Departure of a Symbol | 8/11/1975 | See Source »

...first moderates to quit the Cabinet were the Mario Soares Socialists, who protested against the M.F.A.'s political blueprint for the creation of local revolutionary councils, which would virtually eliminate political parties (TIME, July 21). The Socialists were followed last week by the centrist Popular Democrats (P.P.D.) and by two independent ministers, who pulled out of the coalition when they failed to receive assurances from the military that press freedom would be restored and parliamentary democracy would be established...

Author: /time Magazine | Title: PORTUGAL: A Rising Cry Against the Radicals | 7/28/1975 | See Source »

...deliberation. In essence, the program would give power to the people through local revolutionary councils. To some, the establishment of the plan looked like a Communist-inspired attempt to bypass the popularly elected Constituent Assembly, in which the moderate forces have a majority. Portugal's outraged Socialist leader, Mario Scares-perhaps the country's best hope for Socialism with a human face -resigned from the government, in which he served as Minister Without Portfolio, declaring that his party "will never accept a dictatorship." Officially, Scares resigned to protest the fact that the government had refused to give back...

Author: /time Magazine | Title: PORTUGAL: A Big Step to the Left | 7/21/1975 | See Source »

...False News." The overwhelming response was one of relief that Portugal once again had stepped back from the brink of dictatorship. Some Council members, it is believed, argued for the immediate establishment of a Communist state but were rejected by the majority. Said Socialist Mario Soares, leader of Portugal's largest political party: "There is more hope for parliamentary democracy today than there was yesterday." The communiqué, he added, "is very explicit because it rejects a dictatorship of the proletariat and the way of a people's democracy and reaffirms the original movement toward a socialism compatible...

Author: /time Magazine | Title: PORTUGAL: A Turning Point for The Revolution? | 6/30/1975 | See Source »

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