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  • 13 years ago
In a surprise move, Portugal's Finance Minister, Vitor Gaspar, has resigned.

The architect of the country's austerity plans, under a 78-billion-euro EU and International Monetary Fund bailout, he has been blamed by the Portuguese people for the devastating effect on the country's economy.

His departure is not expected to mean an easing of the austerity.

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http://www.euronews.net/

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