Austerity in Portugal: Changes are Coming

Austerity in Portugal: Changes are Coming

Portugal’s new left wing coalition already announced earlier this year various policies to ease austerity in the country. We take a look at what’s changing, and whether the moves are sustainable. Austerity in Portugal has hit citizens hard over recent years. Residents of some other European countries may feel they’ve suffered from cuts and tax increases since the 2008 financial crisis, but Portugal has paid a higher price than most.

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