Mass rally in Lisbon over bailout and austerity cuts

Screw the Troika mobilises hundreds of thousands

On Saturday 2nd March 2013, huge crowds poured into the streets of Lisbon and 20 other Portuguese cities to demand the resignation of the conservative government as it proposed new tax rises to cut back the budget deficit. Demonstrators, organised via the Internet by the activist group ‘Screw the Troika’, chanted the lyrics of ‘Grandola’, the song that became the popular hymn of the 1974 Carnation Revolution which brought an end to the military dictatorship in Portugal.

The protests coincided with a quarterly visit by inspectors from the ‘Troika’ (the International Monetary Fund, the European Commission and the European Central Bank), who called for austerity measures as a condition for the 2011 €78 billion ($101.7) bailout plan. Unemployment in Portugal has reached a record 17.6%, a figure that rises to 40% when considering those jobless and under 25 years of age. The national economy is expected to contract in 2013 by 2% for its third consecutive year of recession.

Thanks RuptlyTV for the video

Police protest against austerity in Portugal

Normally they are on the other side of the barricades. But hundreds of police officers have gathered in Lisbon to call for the Prime Minister to resign and to condemn next year’s budget, which includes the biggest tax hikes in modern Portuguese history. Income and property are being hit hard, with some facing tax increases equivalent to two months salary.

Thanks Euronews for the video

Thanks Andre Matos Cardoso for the video

Portuguese Protest Austerity Plans

In Portugal, tens of thousands of civil servants have taken to the streets to protest against proposed tax hikes and pay cuts. The unpopular austerity measures are designed to help Portugal meet the requirements of a bailout package.

Tens of thousands of Portuguese civil servants marched in Lisbon on Saturday, joined by off-duty police and retired soldiers.

They are protesting against pay cuts imposed by the government’s 2012 budget bill, which is designed to meet the tough requirements of the EU/IMF bailout.

Thank you NTDTV for the video.