The prospect of the government being forced to make unpalatable concessions, overhauling the pension system and eroding workers' rights, in addition to further taxes on property and goods, has been greeted with despondency and despair.
Given two of Russia's six remaining games are against Luxembourg, Portugal must beat Capello's side in Lisbon on Friday if they are to have any chance of overhauling them and avoiding the play-offs.
The Real Madrid coach, Carlo Ancelotti, refused to throw in the towel after Saturday's draw at home to Valencia left their hopes of overhauling the La Liga leaders, Barcelona, hanging by a thread.
On the contrary, it may be a small sign that Jenkins has accepted – finally – that it is time to get serious in overhauling the investment bank.
PAUL RYAN'S proposals, from overhauling health care to radically rethinking taxation, excite Republicans but also provide ample targets for Democrats.
IN 1999, the conservative opposition came within 32,000 votes of overhauling the centre-left Concertación coalition, which has governed Chile uninterruptedly since the end of General Augusto Pinochet's dictatorship.
Successfully overhauling a system this big (one-seventh of the economy) and sensitive (tending to the sick) was always going to be a long, contentious process.
It has fewer qualms, however, about overhauling another market in its fief: that for wet fish.Billingsgate, controlled by the City since 1327, lies a stone's throw from the towers of Canary Wharf.
Indeed, by one reckoning (the difference between overhauling an economic programme and starting a new one is, after all, a fine one), it will be the eighteenth time the IMF has ridden to Turkey's rescue.
He said this week that in addition to overhauling his cabinet, he would reduce the number of powerful co-ordinating ministers from three to two, and that he and Miss Megawati would run things with this new pair.
Across America shale-shocked executives will spend Christmas overhauling their strategies to cope with life at $70 per barrel, even as investors dump their firms' shares and bonds.
