Alexa
  • Directory of Taiwan

Portugal gov't fights for survival amid crisis

 Tens of thousands crowd Lisbon's main Liberdade Avenue as demonstrations by public workers and private sector workers merged there Saturday, March 19...
 Protestors hold posters showing Portuguese Prime Minister Jose Socrates and German Chancellor Angela Merkel during a worker's demonstration Saturday ...

Portugal Financial Crisis

Tens of thousands crowd Lisbon's main Liberdade Avenue as demonstrations by public workers and private sector workers merged there Saturday, March 19...

Portugal Financial Crisis

Protestors hold posters showing Portuguese Prime Minister Jose Socrates and German Chancellor Angela Merkel during a worker's demonstration Saturday ...

Portugal's embattled minority government is making a last-ditch effort to enlist opposition party support for a new batch of austerity measures aimed at avoiding a bailout.
A decade of anemic growth and a massive debt burden have driven the country's borrowing costs to unsustainable levels and raised expectations it will need assistance like Greece and Ireland last year.
The government's latest cost-cutting plan has won support from other European leaders as they try to put the continent's debt crisis behind them.
The government told opposition parties Monday it is ready to negotiate changes to the austerity program, but its rivals are reluctant to back down.
Parliament is expected to reject the measures in a vote Wednesday, making the government's downfall likey.


Updated : 2021-04-20 19:31 GMT+08:00