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Portugal strike against bailout

05-06-2011 14:08 BJT

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Portuguese public servants have set up picket lines at the start of the planned 24-hour strike. They're opposing painful austerity measures that will see substantial job cuts and a drop in salaries.

The strike started only hours after the government and main opposition parties agreed a three-year 78 billion-euro bailout package from the EU and the International Monetary Fund. The rescue deal is the culmination of several weeks of turmoil. It follows the government's collapse and soaring borrowing costs, which forced Portugal to seek financial aid, the third euro zone member after Greece and Ireland. Union workers are confident the 24-hour strike will hold.

Ana Pais, Public Worker Union said "The aim of the strike is the same for all the workers: to fight against the measures that are being launched. So we are monitoring the strike and we have to say looking at the sector we went to the strike is holding up well. It is close to 100 percent in almost all hospitals."

Editor:Xiong Qu |Source: CNTV.CN

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