All posts tagged "austerity"
Portugal Workers Stage Strike for Quicker end to Austerity
LISBON, Portugal – Portugal’s new Socialist government is facing its first strike, with one of the biggest public sector trade unions saying its members will walk off the job to force a quicker rollback of austerity measures....
- Posted January 27, 2016
Portugal’s New President Demands Financial Discipline
LISBON, Portugal – A center-right candidate scored a resounding victory in Portugal’s presidential election Sunday, warning he would use the largely ceremonial post to prevent the center-left anti-austerity government from worsening the debt-heavy country’s financial health. Marcelo...
- Posted January 24, 2016
S&P Upgrades Greece by 1 Notch to B-, Outlook Stable
ATHENS, Greece – Standard and Poor’s ratings agency has upgraded Greece’s credit rating by one notch to B- saying the country seems to be broadly complying with the terms of its latest international bailout. Nevertheless, the financially...
- Posted January 22, 2016
Greek Seamen, Farmers, Protest Planned Pension Reforms
TEMPE, Greece – Greek ferry crews launched a two-day strike Wednesday while hundreds of farmers prepared to block highways to protest unpopular draft pension reforms that will further cut incomes in the austerity-weary country. Unions representing practically...
- Posted January 20, 2016
Portugal Eyes Political Balance in Presidential Election
LISBON, Portugal – With an alliance of Socialists, communists and radicals holding power, Portuguese voters appear set to seek some balance by electing a center-right politician as their head of state. A two-week official campaign period for...
- Posted January 10, 2016
Portugal Gets Back 4 Public Holidays in Anti-austerity Drive
LISBON, Portugal – Happy days are here again in Portugal – four of them, at least. The country’s new Socialist government got Parliament’s approval Friday to discard one of the most unpopular legacies of a recent austerity...
- Posted January 8, 2016