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Sunday, 16 September 2012 - Portuguese and Spanish march as anger over tax hikes grows |
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See the best of Reuters photography.  See more | Photo caption  Dancing horses Lipizzaner horses spend their summers in the Austrian mountains, before returning to train as dancing horses.  Slideshow  Will & Kate's Asia tour The royal couple are on a nine-day tour of Southeast Asia and the South Pacific.  Slideshow  Portuguese and Spanish march as anger over tax hikes grows Tweet Share this Email Print Related News Anti-Putin protesters show their strength in Russia 3:38pm EDT Huge rallies in Portugal as anger over tax hikes grows 2:25pm EDT Spain pledges reform timetable, paves way for bailout Fri, Sep 14 2012 HIGHLIGHTS-European Union finance ministers and central bankers meet in Cyprus Fri, Sep 14 2012 Spain's Rajoy studies rescue, says may not be necessary Wed, Sep 12 2012 Related Topics World » By Andrei Khalip LISBON | Sat Sep 15, 2012 4:00pm EDT LISBON (Reuters) - Over 150,000 Portuguese marched on Saturday against planned tax hikes that have shattered the consensus behind austerity imposed by an EU/IMF bailout, and tens of thousands more marched in Spain, seen as the next country needing to be bailed out. The rallies in Portugal were mostly incident-free, but a young protester of about 20 was taken to hospital with burns after an attempted self-immolation during the protests in the northern town of Aveiro. RTP television quoted firemen as saying his life was not in danger. Organized via the Internet, the rallies brought together Portuguese from all walks of life, chanting: "Out of here! IMF is hunger and misery!" and calling on the centre-right government to resign. "Stop this government before it halts the country!" read one placard in Lisbon, where more than 100,000 crammed the main Republica thoroughfare and nearby streets, marching past IMF offices cordoned off by riot police. Some threw tomatoes and bottles at the building. The rally ended at the vast Square of Spain near the Spanish embassy to express solidarity with protesters across the border in Spain after tens of thousands rallied in Madrid earlier on Saturday against spending cuts and tax rises. A huge rally was held in Porto and smaller ones in other cities and towns. "People are fed up with being robbed by this government's policy, which now threatens to strangle us," said bank worker Joao Pascual, 56, marching in Lisbon. Andre Pestana, a 35-year-old unemployed teacher, said: "It's time to say enough to robbery and lies. The government has failed on all its promises ... I hope this rally is the first step in the process of changing things." Tax hikes and spending cuts imposed since last year's bailout have contributed to record unemployment above 15 percent and pushed the economy into its worst recession since the 1970s. On Thursday, the main opposition Socialists threatened to end cross-party backing for the 78-billion-euro bailout by voting against the 2013 draft budget unless the government drops its planned increase in the social security levy for all workers to 18 percent from 11 percent. RETHINK Broad political consensus behind austerity had until now differentiated Portugal from other euro zone strugglers like Greece, the scene of frequent unrest over austerity. The government will not present the draft budget until mid-October and many protesters said they hoped the administration would rethink its policy. Two opinion polls, including one by Eurosondagem pollsters published on Saturday, have shown support for the ruling centre-right Social Democrats falling behind the Socialists for the first time since the June 2011 election. There are also signs of tensions within the ruling coalition that includes the rightist CDS-PP party. Expresso weekly newspaper on Saturday quoted CDS-PP leader and Foreign Minister Paulo Portas as saying: "I will not throw the country into an irresponsible political crisis, nor will I strip the CDS of its identity". President Anibal Cavaco Silva has called a meeting of his consultative State Council for next Friday. Although the president's role is largely ceremonial, he can veto bills including the budget and also act as mediator between the government and opposition. Many of the banners carried by protesters called on the president to intervene and block the tax hike. Criticism of the tax hikes grew louder this week after Portugal's lenders agreed on Tuesday to relax the country's fiscal goals under the bailout. In Spain, teachers, nurses and social services workers thronged the capital's central Plaza Colon a day after Madrid said it would present new economic reforms at the end of September likely to contain more austerity measures. One in four is out of work in Spain and it is mired in its second recession in three years. The cuts are seen as a precursor to an economic program which Spain will have to implement in return for receiving support from euro zone rescue funds and the European Central Bank to help lower its borrowing costs. (Additional reporting by Miguel Pereira in Lisbon and Sonya Dowsett in Madrid; editing by Andrew Roche) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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