Portugal to stick with austerity program in 2015

Published



LISBON, Portugal (AP) — Portugal’s government is extending into 2015 the main features of its unpopular austerity program, resisting the temptation to sweeten its policies for an election year as it battles to restore the weakened country’s financial health.

The spending plan for 2015 “acknowledges that the (financial) adjustment process is not yet finished,” Finance Minister Maria Luis Albuquerque said Wednesday as she unveiled the government’s annual state budget. “2015 will be another year of challenges.”

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.