| Author (Person) | Wise, Peter |
|---|---|
| Series Title | Financial Times |
| Series Details | 22.2.12 |
| Publication Date | 22/02/2012 |
| Content Type | News |
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Article reports that opposition, business and trade union leaders were stepping up pressure on the Portuguese government in February 2012 to renegotiate the terms of Portugal’s €78bn bail-out agreement from 2011 in order to alleviate the impact of painful austerity measures on the country’s recession-hit economy. Aimed at averting a depressive cycle similar to the crisis that had pushed Greece to the edge of bankruptcy, the calls for more rescue funds and more time come amid warnings of potential ruptures in Portugal’s fragile social consensus in support of the adjustment programme. |
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| Countries / Regions | Portugal |
