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| Out of the Trap

April 2014
By Frederico Pinheiro

The austerity measures dictated to Portugal by the Troika’s Memorandum are nearing completion and should be fully implemented by May 2014. The impact on Portuguese society is huge. As a consequence of these policies unemployment has risen, the phenomenon of emigration has returned, the social state has been dismantled, and all major public enterprises sold off.
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