Author (Person) | Wise, Peter |
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Series Title | Financial Times |
Series Details | 1.9.11 |
Publication Date | 01/09/2011 |
Content Type | News |
Portugal announced on the 31 August 2011 new austerity measures designed to cut its budget deficit to almost zero in under five years, promising the biggest cuts in government spending for more than 50 years. The strategy outlined how the centre-right coalition government aimed to meet ambitious deficit-reduction targets set out in Portugal’s €78bn bail-out agreement with the European Union and International Monetary Fund. |
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Countries / Regions | Portugal |