Eurozone retreats from austerity – but only as far as ‘austerity lite’

The subway workers were on strike in Lisbon on Thursday. Next month it will be the turn of the teachers. Portugal’s blue-collar trade unions are gearing up to bring almost a million workers out later in the summer as the country’s protest against austerity intensifies. It is a similar story acro…

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Eurozone retreats from austerity – but only as far as ‘austerity lite’

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