16.10.2012 - 08:51 [ Trading Room ]

Portuguese govt submits austerity budget

It is „a fiscal atomic bomb“, said Socialist Party Leader Antonio Jose Seguro. For the Communist Party, it amounts to a „massacre“.

The main trade union CGTP said it was „an attack on the dignity of the people“.

The daily newspaper Diario Economico declared it to be „an insult to the Portuguese people“.