Originally published on Fri April 13, 2012 4:27 pm
After a financial bailout earlier this year, fees in Portugal's health system have risen substantially. As a result, nongovernmental organizations say, the poor and elderly in Western Europe's poorest country can no longer afford essential care. Some Portuguese fear that austerity measures are threatening not only their livelihoods, but their lives.
Alfredo Silva, 67, showed up at an anti-austerity protest in Lisbon last month dressed as a skeleton. He says the costume shows the effect of Portugal's $100 billion bailout on retirees like him.
Portugal is burdened with such big debts that some are calling it "the next Greece." Unemployment is soaring, and the debt continues to rise, despite draconian austerity measures.
But Portugal has something Greece doesn't have: former colonies, rich in natural resources and in need of labor, both skilled and unskilled. And in a type of role reversal, some Portuguese are now traveling to those places in hopes of improving their lives.
Antonio Valerio, who is studying pharmaceutical science at a university, is among those who see no future in Portugal.
Originally published on Tue February 21, 2012 11:25 am
The eurozone crisis has focused attention on debt-burdened Greece spiraling into decline. Meanwhile, Portugal is seen as the international creditors' poster-child for obediently slashing spending and welfare benefits.
Nevertheless, the Portuguese national debt continues to grow, and the country is mired in recession and soaring unemployment.
The Portuguese national character has long been identified with Fado music. Raquel Freire, an activist with the local Occupy movement, says the melancholy style helps explain decades of resignation.