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Tag: austerity

Troika policy in Portugal: a trilogy of austerity, sorrow and social upheaval

Posted: April 30, 2014 at 19:40   /   Portugal

Three years after Portugal was forced to impose austerity and restructural programmes in exchange for a €78bn bailout package, citizens feel the country’s social system is left in shambles. In an effort to balance the Portuguese budget, the government cut spending to wages, pensions, health care and education. Portugal was the third Eurozone country, after […]

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