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Tuesday 20 December 2011

CNN News - Portugal: When there's no light at the end of the tunnel, Dec 20, 2011

Workers protest austerity measures during a 24-hour general strike last month in Lisbon, Portugal
"Porto, Portugal (CNN) -- In Portugal's second city, Porto, crowds throng the main shopping streets, accompanied by the smell of roasting chestnuts and the twinkle of festive lights. Bacalhau, the dried, salted codfish traditionally eaten on Christmas Day, hangs in store windows framed by hand-painted wall tiles. Tourists wander past clutching maps and cameras.
But in Matosinhos, the fishing community that adjoins Porto, residents say the impression that all is well is far from the truth. Portugal's working families are feeling the impact of austerity measures imposed following a 78 billion euro ($104 billion) international bailout in May."

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