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Veterans protest against austerity cuts in Portugal

11-11-2012 07:38 BJT

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Portugal’s veterans marched through Lisbon’s streets on Saturday against the government austerity measures.

Around five-thousand protesters joined the march in response to the harsh debt-reducing measures, which have helped relieve market concerns, but forced a heavy toll on the country’s citizens.

The armed forces, police and many other state employees are angry about a public-sector pay freeze enacted by the government to reduce its debt. As Portugal is engulfed by the eurozone’s financial crisis, the IMF, the European Central Bank and the European Commission have granted it a lifeline to avert looming bankruptcy.


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