Portugal passes latest austerity budget

The Portuguese parliament approved the national budget for 2014 in November 2013, which included further cuts and other measures to assure its full comeback to international markets in 2014.

The budget faced wide opposition from civil society, namely government workers which had been severely hit by the austerity programme during the previous years. The government also faced a challenge from the Constitutional Court, which was to evaluate whether some of the cuts for 2014 respected the country's Constitution.

ESO: Background information: Memo: Statement by the European Commission, ECB and IMF on the eighth and ninth review mission to Portugal http://www.europeansources.info/record/memo-statement-by-the-european-commission-ecb-and-imf-on-the-eighth-and-ninth-review-mission-to-portugal/

Deutsche Welle, 01.11.13: Portugal lawmakers signal approval of 2014 austerity budget http://dw.de/p/1AAMf

Diário Económico, 14.11.13: IMF expects extra dose of austerity for 2015 (via PressEurop) http://www.presseurop.eu/en/content/news-brief/4318551-imf-expects-extra-dose-austerity-2015

Jornal de Negócios, 04.12.13: Portugal gives itself a brief reprieve (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE134669-Portugal-gives-itself-a-brief-reprieve

Jornal de Negócios, 13.12.13: Resentment against troika won't help Portuguese (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE135271-Resentment-against-troika-won-t-help-Portuguese

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