'Screw the Troika': Austerity marches in Portugal
on 02/03/2013 18:01:26
Tens of thousands of people have filled a Lisbon boulevard leading to the Finance Ministry carrying placards saying "Screw the troika, we want our lives back".
The troika is a reference to the European Commission, the International Monetary Fund and the European Central Bank, the lenders behind the country's financial bailout.
Many protesters are singing a 40-year-old song linked to a 1974 popular uprising known as the Carnation Revolution.
Portugal is expected to endure a third straight year of recession in 2013, with a 2% contraction. The overall jobless rate has grown to a record 17.6%.