Wall Portugal austerity

Austerity policies in Portugal

One cannot say that the austerity measures in 2013 came as a surprise – all of them were mentioned in the first Memorandum of Understanding (MoU) between the Troika and the Portuguese government, signed in May 2011 by all governing parties (PS, PSD and CDS) |1|. The MoU imposes profound economic and political changes: transformation of…