The measures that were now taken by the Portuguese Government don't help to economic (and financial) recovery - they will actually choke the Portuguese economy. Instead of taking the path of cutting unproductive Public Expense, the Portuguese Government chose to increase taxes and take money out of the economy to fund the State - anyone that has actually watched the fall of the Soviet Union knows that is simply the wrong policy. It kills the market and the economy.
Still, it is important to carefully go through Miguel Macedo's words. He is subtly trying to drive the thoughts away from the violent attack to the Economy, saying that this is the only choice to recover access to international markets. He is deliberately forgetting that before this, the Government should cut on the number of public servants, public companies spending and bureacratic costs - that is their mandate.
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