abc
QUICK LINKS:

Portugal strikes, legal action bring fiscal risk

Created: 11/25/2013 6:35 AM KSTP.com

(AP) LISBON, Portugal - The Portuguese government’s woes are piling up as it battles to comply with austerity measures demanded by its 78 billion-euro ($105 billion) bailout.

Amid a recent spate of strikes by labor groups and street protests against pay and pension cuts, Lisbon ferry workers walked off the job Monday. Also, court sessions were cancelled as magistrates went on strike, while a walkout by border guards caused delays at airports.

Last weekend, President Anibal Cavaco Silva asked the Constitutional Court to rule on the legality of a new law cutting the pensions of government workers. The court has disallowed key debt-reduction measures five times over the past two years.

Inspectors from Portugal’s bailout creditors are due in Lisbon next week amid concerns the country may end up needing more financial help.

Minneapolis/St. Paul

Clear
13°
15° | 8°
  • Feels like: 0° F
  • Wind: S 10mph
  • Humidity: 56%
  • Fri Mostly sunny
    37° | 24°
  • Sat Mix of sun and clouds
    36° | 24°
  • Sun Sunny
    38° | 24°
  • Mon Mainly sunny
    46° | 30°

Video

KSTP NEWS