March 31, 2023

Thousands of people took to the streets on Saturday, March 17 Lisbonprotesting against rising prices. The largest umbrella trade union, the CGTP, which organized the protests, demands from the authorities Portugal immediately raise wages and pensions by at least 10 percent and impose a price ceiling on basic foodstuffs.

Portugal is one of the poorest countries in Western Europe. According to official figures, more than half of the working Portuguese receive less than 1,000 euros per month. The minimum wage is only 760 euros. At the same time, inflation in January on an annualized basis was 8.3 percent, and house prices in Portugal increased by 18.7 percent in 2022.

In mid-March, the government led by socialist António Costaannounced a package of measures to combat the housing crisis. However, the opposition believes that they will be of little use if the Portuguese authorities continue to attract wealthy foreigners to the country – including with the help of the “visa” presented in October digital nomad“The idea of ​​artificially limiting food prices was rejected by the Minister of Economy, António Costa Silva, saying that the best mechanism for regulating prices is a free market.

Teachers on strike in Portugal

January in Lisbon major teachers’ strike. They demanded higher wages in light of rising inflation and improved working conditions. Teacher strikes in Portugal have been going on since December 2022, because of them, some schools in the country were forced to temporarily stop working.

See also:

Shocking rise in prices in Estonia

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