Troika back Portugal reforms as violence flares

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Troika back Portugal reforms as violence flares

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Violence flared on the streets of Lisbon as members of the right-wing Portuguese nationalist party clashed with supporters of the left wing, indignados group.

The fascist demonstrators threw a lighted flare and used flags they were carrying to attack the indignados. Police had to intervene and separate the two factions.

The fighting erupted during a planned demonstration to protest against the country’s austerity measures. Thousands marched to parliament chanting slogans against the Troika – the IMF, European Central Bank and European Commission.

On Wednesday, the government, unions and employers signed a pact to make it easier for crisis- hit companies to hire and fire, cut redundancy pay-outs and the number of holidays.

Officials from the Troika, at the end of a three day visit, praised the government for the reforms required to meet the 78 billion euro rescue package.