Despite scrambling to push through a severe austerity programme aimed at cutting its budget deficit, Portugal has been downgraded by credit ratings agency Fitch. Read more...

In Portugal, “socialist” prime minister José Sócrates is instituting savage cuts – the biggest in Europe after Greece. He wants to cut state spending to from 8.3 per cent of GDP to 3 per cent by 2013. Unemployment already stands at 10.1 per cent and would be driven way above this by such measures. Read more...

In April 1974 rebel army units, under the leadership of the Armed Forces Movement (MFA), over threw the 44 year old Portuguese fascist dictatorship. The fascist regime of Caetano had few friends left, and as the rebel tanks moved through the streets they met little resistance. The workers of Lisbon welcomed the soldiers as liberators, placing carnations in the muzzles of their rifles. Read more...