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    Portugal austerity ruling to put more pressure on basic...

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    euronews (in English)

    by euronews (in English)

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    Portugal's government has said it has to look at further ways to cut spending to meet targets imposed by the EU and the IMF as part of its bailout package.

    The prime minister Pedro Passos Coelho insisted that taxes will not go up.

    He has been placed in a massively difficult position by Portugal's Constitutional Court rejecting key austerity measures in this year's budget.

    ...
    http://www.euronews.net/