Portuguese Government Rejects Austerity Plan, Government Collapses

| March 23, 2011

Next Up: Government resignation, crisis, bail out, etc. We’ve already seen the drill elsewhere……. Just In: Portugal’s Prime Minister José Sócrates tendered his resignation after Parliament rejected a new government austerity plan. PORTUGUESE PARLIAMENT REJECTS GOVERNMENT’S DEFICIT-CUTTING PLAN PORTUGAL’S PARLIAMENT BACKS RESOLUTION AGAINST GOVERNMENT PLAN

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