The new left coalition government has pledged to loosen the grip of austerity on Portugal.
Posts Tagged: portugal
A likely vote of no confidence in Portugal’s hard-right government will signify whether voters in the EU can still choose their own government.
In Portugal’s elections, Left parties garnered more than 50 percent of the vote and austerity took a major hit.
In order to qualify for the next loan installment, Prime Minister Coelho must convince the European Union and the IMF that he can make draconian cuts.