Saturday, January 26, 2013

Thousands of Portuguese teachers protest big cut

LISBON, Portugal (AP) ? Thousands of teachers from around Portugal are marching in downtown Lisbon to protest proposed spending cuts they say will slash ?1 billion ($1.3 billion) from the education budget.

Unions say the government plans to privatize many public schools and cut around 50,000 sector jobs.

Union spokesman Mario Nogueira says the plans revealed in a recent document from the International Monetary Fund would "mean the end of a free and inclusive public school system."

Portugal, which is headed for a third straight year of recession, needed a ?78 billion lifeline in May 2011 to avert bankruptcy and has a jobless rate of 16.3 percent. Austerity measures have triggered many strikes and protests.

It was the third country that uses the euro to require an international bailout to deal with its debts.

Source: http://news.yahoo.com/thousands-portuguese-teachers-protest-big-cut-191238904--finance.html

Nate Silver stock market stock market Obama Acceptance Speech 2012 dow jones Selena Gomez ariel winter

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.