Read

User menu

Search form

Portuguese Joins Europe's Austerity Fight

Portuguese Joins Europe's Austerity Fight
Thu, 11/29/2012 - by Raphael Minder
This article originally appeared on The New York Times

Photo: Mauricio Lima

Until a few months ago, Portugal was seen as a role model in the grinding euro zone crisis, adopting deep spending cuts and raising taxes to reduce its deficit without the outcry, protests and strikes that austerity policies have set off in other Southern European countries. International lenders praised the Portuguese government even as they arranged a 78 billion euro bailout for the country last year, following similar deals with Greece and Ireland.

But the belt-tightening helped push Portugal deeper into one of Europe’s longest recessions — and the Portuguese have now joined the ranks of Europe’s discontented, even coordinating a general strike with workers in neighboring Spain earlier this month.

The hard times have also created strains within the center-right coalition government of Prime Minister Pedro Passos Coelho. Still, the government managed to pass a stiff new austerity budget with steep tax increases on Tuesday, even as protesters demonstrated angrily outside the Parliament building.

Such protests and work stoppages have become much more common over the past year, as daily life for many Portuguese families has become a struggle to stay afloat. Pay is being cut for government and private-sector workers alike, the unemployment has risen to nearly 16 percent, retirees face higher health costs and students will pay more for tuition without any assurance that their degrees will lead to jobs. In fact, many graduates are packing their bags to emigrate instead.

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.

In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.

Regardless of the motive for the boat strikes in the Caribbean, the Sept. 2 strike has sparked bipartisan outrage among members of Congress who have oversight over the Pentagon.

If Democrats stick to the blueprint last week’s elections provided, MAGA could be extinct before the end of the decade.

Virtually every facet of the upper echelons of American society is represented in the emails, from legacy media to academia, Silicon Valley, Wall Street, and Washington DC.

To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.

In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.

Regardless of the motive for the boat strikes in the Caribbean, the Sept. 2 strike has sparked bipartisan outrage among members of Congress who have oversight over the Pentagon.

If Democrats stick to the blueprint last week’s elections provided, MAGA could be extinct before the end of the decade.

Virtually every facet of the upper echelons of American society is represented in the emails, from legacy media to academia, Silicon Valley, Wall Street, and Washington DC.

In the battle between President Donald Trump’s regime and Minneapolis, Minneapolis is winning.

Posted 1 month 1 week ago

To truly challenge Reform, Labour and the British establishment, the Greens will need to harness their increasing membership and work alongside social movements.

Posted 1 month 1 week ago