Thousands of people protested in Portugal over the cost of living crisis – #Thousands #people #protested #Portugal #cost #living #crisis
LISBON, Feb 25 (Reuters) – Thousands of people took to the streets of Lisbon on Saturday to demand better living conditions as high inflation made it harder for people to make ends meet.
Portugal is one of the poorest countries in Western Europe, with more than 50% of workers paid monthly last year, according to government data. 10From 00 euros (1,054,60 USA dollar) earned less. Monthly minimum labour the fee is 760 euros.
House in Portugal prices It rose 18.7% in 2022, the biggest increase in three decades, and rents have also risen significantly, partly due to the speculative property bubble.
Low wages and high rents make Lisbon the third most suitable city in the world to live in, according to a study by insurance brokers CIA Landlords. Portugal’s 8.3% inflation level has deepened the problem.
Organized by the ‘Just Life’ movement protest in his action, 26-year-old programmer Vitor David said he would like to return to Lisbon one day, but because of how expensive it is, he has to live further away. for rent in the city.
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“It reaches a point in our lives where we have no hope,” he says, and is now richer Europe he added that he was thinking about moving to his country. “It’s very difficult.”
Official data about the Portuguese 20It shows that % live abroad.
“We are here to make our voices heard,” said Jose Reis, who recently graduated from university but is still unemployed.
The Fair Life movement, created by people living in the poor suburbs of Lisbon, inflation before the rise, he said, the already most vulnerable are the ones most affected by the ongoing housing crisis.
They are labour they want an increase in their fees, a limit on the prices of essential goods, and the government to take action on housing.
Portugal last week announced a major package of measures to tackle its housing crisis, but rights groups said the proposals would count for little if authorities continued to promote other policies to attract wealthy foreigners to the country, such as the Digital Nomad Visa introduced in October.
($1 = 0.9482 euros)
Reporting by Catarina Demony, Miguel Pereira and Pedro Nunes; Edited by Jonathan Oatis
Our standards: Thomson Reuters Trust Principles.
Catarina Demony
2023-02-26 07:39:29
Source – reuters
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