FarsNewsAgency - خبرگزاري فارس
Turkish / Persian / Arabic / English 28  Dhul Hijjah  1433 /  Tuesday 13 Nov 2012 / 23 Aban 1391 a
Tehran - 10:06 / GMT - 06:36

Mainpage


All Stories

Politics
Economy
Social
World
Culture
Foreign Policy
Nuclear
Sports
Science
Art
Defence
Interview
Commentary
Photo


Search

Contact us

About us


News number: 9107118454

15:51 | 2012-11-11

World

Printable Version Send to a friend

Portuguese Army Marches against Austerity

TEHRAN (FNA)- Thousands of soldiers in civilian dress marched through Lisbon in protest at the austerity program that's part and parcel of the country's 2013 budget.



An estimated 10,000 active and retired military personnel rallied against the "unjustified cutbacks," calling for President Anibal Cavaco Silva to veto the controversial austerity budget adopted by the center-right government. The quiet march carried banners calling to respect the military and "national sovereignty."

Some officers complained that their monthly wages have been cut as much as 25 per cent, RT reported.

Besides focusing on the military problems, such as a decline in finances for maintenance and training, the march also targeted disagreements over cuts to the social sphere, as well as tax hikes.

A number of associations representing the military called on the country's Constitutional Court to review the legality of next year's budget.

In July, the court ruled against a finance law and told the government to revise the measure, which stripped bonuses from civil servants, arguing that it violated constitutionally-guaranteed rights to equal treatment. Activists hope for a similar outcome with the austerity budget.

In 2011, Portugal received a €78-billion bailout package from the Troika - the group of creditors comprised of the European Union, the European Central Bank and the International Monetary Fund. Belt-tightening is needed to meet the creditors' deficit threshold.

Now Lisbon needs to lower its budget deficit to three per cent of GDP by 2014. As a result of the austerity measures, the economy is expected to shrink by three per cent in 2012, while unemployment is hanging around 15.7 per cent, according to Eurostat.