Bailout: FMI proposes additional austerity measures – Portugal
10 January 2013
The International Monetary Fund (FMI) has issued a report, to the Portuguese Government, proposing additional severe austerity measures aimed to “reforming the Portuguese State.” According to the report, Portugal’s current social welfare system was “too wasteful and especially unfair to young people,” adding that the “unemployment benefits was still too long and too high.” The […]












