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Cash strapped future as Portugal marks past revolution

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Cash strapped future as Portugal marks past revolution


As Portugal remembers the 37th anniversary of the popular revolution that brought about the fall of the Fascist dictator, António de Oliveira Salazar, the country’s leaders are calling for unity in the face of the financial crisis and subsequent 80 billion euro IMF/EU bailout.

All four presidents of the country since the fall of Salazar came together in a show of solidarity.

Aníbal Cavaco Silva is the current Portuguese President:

“The Portuguese are not a people of aggressive political action. We freed ourselves from this practice 37 years ago from the regime that oppressed us.”

Portugal now faces a general election on June 5 as the country attempts to plot a financially prudent course through debt infested waters.

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