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EU commission candidate defends Portugal austerity

By Washington Examiner
Published May 18, 2014 2:32pm ET
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EU commission candidate defends Portugal austerity
In this photo taken on May 14, 2014, Leoncio Sousa, 76, left, and his wife Cecilia Sousa, 71, sit in a bench before taking part in a protest against pension cuts, in Lisbon. Leoncio, who worked during 42 years as engineer at Lisbon's subway, said that his pension has been cut by 45 percent early 2014. A thousand days on from its near-economic collapse, Portugal is ready to stand on its own again. On Saturday, May 17, 2014, after an internationally-mandated makeover, Portugal will become the second euro country, after Ireland, to officially shake off its bailout shackles. (AP Photo/Francisco Seco) | Francisco Seco

LISBON, Portugal (AP) — European Commission presidency candidate Jean-Claude Juncker has defended Portugal’s continuing austerity program as it frees itself from a three-year bailout program that saved the country from collapse.

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Europe European Union Portugal