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Portugal debates u-turn over austerity measures


Portugal debates u-turn over austerity measures

In Portugal, ministers have held a special seven-hour meeting to debate a change of direction in austerity policy.
The government is considering a u-turn - after a popular wave of anger against plans to cut government social security contributions but increase those of workers resulted in widespread protests.
Tax increases are now thought to be on the agenda instead – but Prime Minister Pedro Passos Coelho would not be drawn on when the new plan would be announced.
Details of the social security changes brought hundreds of thousands of people out on the streets of Lisbon and dozens of towns around the country earlier this month.

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