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Dublin: 14 °C Tuesday 21 May, 2013

Portugal government faces backlash over austerity

Demonstrators gathered outside Parliament after the Finance Minister announced his plans to introduce steep tax increases.

Riot policemen stand guard outside the Portuguese parliament beside a fire set by demonstrators during a protest against the government's 2013 budget, Monday, Oct. 15, 2012.
Riot policemen stand guard outside the Portuguese parliament beside a fire set by demonstrators during a protest against the government's 2013 budget, Monday, Oct. 15, 2012.
Image: Francisco Seco/AP/Press Association Images

PORTUGAL’S COALITION GOVERNMENT is facing a hail of criticism after announcing steep tax increases in its draft budget for next year.

Finance Minister Vitor Gaspar met Tuesday with the governing parties’ lawmakers, aiming to quell signs of revolt in their ranks ahead of Parliament’s vote on the budget proposal later this month.

The broad national consensus that formed around the terms of Portugal’s €78 billion bailout last year is fraying amid the tough new austerity measures. The backlash presents another problem to Europe’s efforts to contain its debt crisis.

Opposition parties and trade unions led the outcry against the latest belt-tightening, while 10 police were slightly hurt in scuffles with a group of demonstrators outside Parliament yesterday evening after Gaspar announced his plans.

Read: Portugal ‘on track’ with bailout programme, says IMF>

Read: Portugal to pump €6.65 billion into three banks, passes bailout review>

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Comments (28 Comments)

  • isent it funny that our deficit is supposed to be 16.5 billion next year yet were payin that amount out to unsecured bondholders……..coincidence anyone ?

    Reply
    • Now now David ,
      You know you are not meant to point out these things…. :)
      You are not supposed to be so clever ….
      For myself , I agree with you and feel we should ,at every single opportunity ,
      point out the ”coincidences” .They have no answers !

      Reply
  • Donno Paddy maybe not borrowing €18 billion to pay off bondholders would be a good starting point?

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  • Maybe after the budget you will see irish people actually showing some backbone and hitting the streets in protest to this banana republic.Just like Portugal ,Spain ,Italy ,France and poor old Greece .

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    • We knew what this Budget would contain before the last Election . We know what the next two Budgets will contain. If this were the Wild West you would be described as being slow on the draw!
      Could you advise us as to how we might balance the books. We only have three pawn shops left in Dublin and the Bailout Fund allows us to spend more money than we take in………. With Health and Social Welfare the biggest spenders please tell us how much YOU would cut from them.

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    • What exactly have those protests achieved except adding to costs for those countries, numerous people in hospital and in greece a few deaths there is still austerity budgets and cut backs in those countries

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    • In fairness Joe, in Greece they got a right down of €100 billion of their bank debt. Spain seem to be getting to the point that their bank bailout will not be assigned as sovereign debt and Portugal are getting a extension on how long they have to correct their budget. BTW it also looks like Greece’s programme will also be extended for maybe another 2 years. While in Ireland we the people just pay up without a word of protest.

      BTW I am not condoning the violence that has occurred on some off the protests in Spain, Portugal and Greece.

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    • People are protesting here. Tomorrow morning crowds will be gathering at the square in Skibbereen, with full media coverage, to highlight the potentially detrimental effects of the decommissioning of the local ambulance. If anyone is in the area, I think it might be raining so every body that turns up will be important. It marks the start of a bed push protest to CUH.

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    • 9 am

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    • Oh God I wish…….

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    • @Caroline Locke

      “What”? :)

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    • get our books in order??? ffs some of you people will believe any shite theyre fed on rte. We could get our books in order if we stopped giving tens if billions of euros to the likes of goldman sachs and if we had the banks started writing off debt thats already been paid for and if we had a population who stoodup for themselves instead of being screwed over at every chance.

      Reply
    • Anne De Croix

      Fair play to you all and keep up the protests and hard work. Do not be bullied ,
      Refuse to be afraid !
      I would love to be there but I live in Dublin !
      We have our own protests going on here too ,tho .
      As Old Jack Charlton used to say ”Put ‘em under pressure ”……

      Reply
  • MrKnow 16/10/12 #

    its amazing to see how people go against other people willing to protest while they sit at home in there snug house with there snug job! well it can easily come to your door and turn your world upside down. And i agree with people, the government didn’t lay out the budgets in there election bid like ole FG lapdogs like Mr rogers up there says! the are making a bigger cock up than the last party in, and to make it worst, there spinaless and cowards! we didn’t elect a government knowing they were going to stamp on the lowest in our economy, the people that can’t fight back or have a voice, down syndrome people are being hit instead of greedy public servants and rich too well off for there own good! no im sorry but if support what this government stand for or are doing your a moron and its your fault this country hasn’t got a future. i hate to sound like a horrible person but im sick to death of people making excuses for politics! We Irish are famous for rolling over and taking it where the sun doesn’t shine, thumb me down all you want but at the end of the day its not my or Mr Joe soaps fault that our kids and ourselves have no future, its Mr politicians and Mr banks fault! while they play golf and monopoly with the bags of misery made money, the normal person goes cold and hungry because of there mistakes. shame on you for supporting such a horrible cause.

    Reply
    • Well said MrKnow

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    • Mr. Know

      Well said too.

      There was once a ‘middle class’ in this country, where they worked well, hard, for their few luxuries, their 3/4 semi, their car. There were once 3 types of people, rich, middle class, and poor making ends meat each week. Now there are two types living in this country. There’s still the rich and now more poor citizens, that will be in the situation they find themselves in for many years to come. Not all through their own fault. But watching the news and listening to people from this class ‘middle’ they seem to be the ones always hit. The law has to change, the Ministers, TDs of this Government and Governments, consultants, head of unions etc. to come have to take a hit sooner than later. I may be childish in my next thought, but it’s not fair, not fair at all.

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    • MrKnow 16/10/12 #

      Im glad some people agreed with me, and again i didn’t mean to sound bitter and angry but its been plan writing since the start of this crisis. We elect these people to protect and do what’s best for us, especially the weak! but they don’t, instead they protect the rich etc. But the most heartbreaking thing is when people turn on those in need. I know people on the dole can be a bit of a burden but at the end of the day the money they get from the state goes back into the state through taxes when they spend it, and it keeps Irish jobs too! unlike bondholder payments to German and French business men and IMF interest payments, the country doesn’t ever see that money again. Anyway point being, please stop turning on each other and the weak in our country, turn on the pigs that are really causing this.

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    • Mr Know you are a man after my own heart. It upsets me no end when people can turn on the weak and the vulnerable . It is the lack of empathy that is shown at times that gets me . I have been very active in the CAHWT since January and while I have been out and about I have met some very sad cases who have been left with nothing through no fault of their own and then when I hear how they struggle to maintain their self respect . They could teach a thing or two to our elected representatives .
      It is for these people I am adamant that I will not be bullied even tho I would be very hard pressed to afford it too.

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  • As long as the unions have been paid off they won’t bring 250000 plus on to the streets like the last paye protests

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  • Anne I hope you get a nice turn out good luck

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  • Caroline , iv read some of your comments in here to day I think you need some help , you seem to be very twisted and bitter , it good to talk to someone and get it out of your system rather than coming on here

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  • I did not get your comment about a need for an ambulance.

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  • @Anne De Croix….That would be the day…….How many would turn up?200 people at most????

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  • @Eileen:???????

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