Three years ago the Portuguese government, unable to raise funds on the capital markets, went for help to the infamous troika ― the combination of the International Monetary Fund, European Central Bank and European Union. In return for their bail-out, the troika imposed punitive conditions that have wrecked livelihoods.
In Portugal last September, the negative impact was expressed for me in one biting comment: “They are draining the life blood from Portugal.”
Portugal
The results of the September 28 Portuguese local government elections would seem obvious: the big winner was the opposition Socialist Party (SP), and the big loser the governing alliance of the Social Democratic Party (PSD) and the Democratic and Social Centre—People’s Party (CDS-PP).
The pattern was the same at all three layers of local government for which the Portuguese vote — municipal assemblies (councils in Australia), municipal chambers (the councils’ full-time executives, headed by the mayor), and parish or ward committees.
The June 27 general strike in Portugal, the fourth since the country became an economic protectorate of the European Commission, European Central Bank and International Monetary Fund “troika” in 2011, was marked by several important firsts.
It was the largest general strike to date, with 80%-100% support from public sector workers and a clear rise in support from private sector workers.
Francisco Louca is an economics professor at the Technical University of Lisbon. Louca was part of the student movement against the Salazar dictatorship in the 1970s. He was a founding member of the Left Bloc, launched in 1999 when several left groups united. He served as the Left Bloc's chief coordinator between 2005 and last year. He was interviewed by Mark Bergfeld, a London-based socialist activist. The interview is abridged from MRZine.
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The 39th anniversary of Portugal’s 1974 “revolution of the carnations” that overthrew a 48-year-long dictatorship, was marked on April 25 by a huge march against austerity in Lisbon.
The symbols of that revolution — the carnations and the song “Grandola, Vila Morena” (broadcast in the early hours of April 25, 1974 as the signal to start the revolt )— were massively present.
They now stand for the need for another rebellion, this time against the austerity imposed on the country by the “troika” -- the European Union, European Central Bank and International Monetary Fund.
Whenever there is a protest in Portugal you are almost certain to hear the haunting song “Grandola, Vila Morena” (“Grandola, sunburnt town”), with its line “who most rules within you, O city, is the people”. On March 2, at huge protests across Portugal, “Grandola, Vila Morena” was sung by more voices than ever before.
The European Day of Action and Solidarity involved a 24-hour general strike in Portugal and Spain, partial strikes in Italy, Greece, Belgium, Cyprus and Malta, and protests in 16 other European countries on November 14.
Despite the main action being confined to the Iberian peninsula, the day was a big success, with 40 union confederations and individual unions involved.
A general strike was launched across Europe on November 14 as millions are protesting spending cuts and tax hikes they say have deepened the region’s economic crisis. Spanish and Portuguese workers are coordinating their strike with work stoppages underway in Greece, Italy, France and Belgium.
The resolution below was adopted by the national board of the Left Bloc in Portugal. The Left Bloc in Portugal was founded in 1999 by the People's Democratic Union and Politica 21, a current from the Portuguese Communist Party. It is abridged from the October issue of International Viewpoint.
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Huge protests in Madrid, brutally repressed, are now matched by another Greek general strike. Three years of the European debt crisis are producing a social and political crisis on an immense scale, with the threat of the break-up of the Spanish state.
Just as those in the global South – the great arc of less developed countries across the southern hemisphere, from South America to the Far East – have suffered years of debt crises and IMF-led structural adjustment programs, so now too is southern Europe.
It looks as if the Portuguese people have had enough of austerity. People came out in their droves on September 15 across the country under the slogan “Screw the troika, we want our lives!”.
Close to a million people protested against the government and the troika of the International Monetary Fund (IMF), European Union and European Central Bank, which are pushing savage austerity.
Portgual's largest trade union confederation staged a 24-hour strike on March 22 in defence of workers' rights and against European Union-mandated austerity, the Morning Star said that day.
Tens of thousands of trade unionists and their allies rallied in the centre of Lisbon in the afternoon.
Lisbon's vast Palace Square became People's Square on February 12. More than 300,000 workers, young people, unemployed and pensioners from across Portugal marched to voice their rejection of cutbacks inflicted by Prime Minister Pedro Passos Coelho's government.
It was the country's biggest demonstration in 30 years.
Photo slide shows of the mass march can be seen here and here
The euro will survive for now — but only because working people in Greece and other European countries face greater suffering.
That’s the not-so-hidden agenda behind the new US$227 billion bailout of Greece organised by the most powerful countries of the European Union, mainly France and Germany.
The rescue comes little more than a year after a $155 billion rescue that was supposed to stop the debt crisis.
See also:
United States: the nonsense battle over debt
The June 5 national elections in Portugal produced a sharp lurch to the right.
The two main conservative parties, the Social Democratic Party (PSD) and the Democratic and Social Centre-People's Party (CDS-PP) won 50.4% of votes and 57.1% of seats in the single-chamber parliament. (The results for the four seats determined by overseas Portuguese voters will be announced on June 15.)
Compared to the 2009 poll, the PSD vote rose from 29.1% to 38.6%, and CDS-PP from 10.5% to 11.7%.
When the 548 delegates to the Seventh National Convention of Portugal’s Left Bloc came together in a vast sports hall in Lisbon onver May 7-8, they had two big questions to answer.
The first was what alternative should they propose at the June 5 Portuguese elections to the €78 billion (about $103 billion) “rescue package” negotiated between the European Union, European Central Bank and International Monetary Fund (the “troika”) and the Socialist Party (PS) government of prime minister Jose Socrates?
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