Tiago Gillot

Eurozone crisis: Portugal

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In Portugal two stages of austerity measures have been announced.

The first was cuts in social benefits and unemployment benefits which will be cut by around 15 percent. The rules have changed so now the unemployed are forced to accept jobs. This is social blackmail. The bosses and politicians want to force the unemployed to take lower-waged jobs and so push down wages for everyone. We are also facing cuts in public investment and a public sector wage freeze.

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