LISBON — Portugal's government is pushing ahead with deeply unpopular austerity policies, announcing plans Thursday to save 800 million euros ($1 billion) this year — about 0.5 percent of annual GDP — by slashing spending on public sector staff, goods and services. The center-right government said the new money-saving measures are needed to meet
Portugal Announces More Austerity, Even As Economy Shrinks
LISBON — Portugal’s government is pushing ahead with deeply unpopular austerity policies, announcing plans Thursday to save 800 million euros ($1 billion) this year — about 0.5 percent of annual GDP — by slashing spending on public sector staff, goods and services. The center-right government said the new money-saving measures are needed to meet deficit […]