An ensuing drop in tax revenue has compelled the coalition government to step up austerity measures to shore up its finances, including what the finance minister calls an "enormous" increase in income taxes next year that will cost many workers the equivalent of a month's pay.That has brought a broad outcry from opposition political parties and from trade unions, who have called a general strike next month. Recent demonstrations have drawn tens of thousands of people, though Portugal has not so far witnessed the street violence seen in Greece.
IMF: Bailed-out Portugal Needs Extra Debt Effort
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