person > Teixeira dos Santos
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Move marks turnaround after Lisbon resisted asking for aid for months despite sharply deteriorating financial situation.
Europe
Last Modified: 06 Apr 2011 20:54 GMT
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Budget plan includes cuts in public sector wages and pensions in effort to curb large deficit.
Europe
Last Modified: 26 Nov 2010 14:58 GMT
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Finance minister urges MPs to pass austerity measures after debts reach $167bn.
Business
Last Modified: 25 Mar 2010 06:01 GMT
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