Austerity Delivers Portugal's First Trade Surplus in 60 Years

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A pedestrian looks towards the commercial shipping port and marina on... News PhotoAtlantic Ocean,Cargo Container,Container,Crisis,Economy,Environment,Europe,Home Finances,Horizontal,Looking,Marina,Morning,Pedestrian,Portugal,Recession,Sea,SinesPhotographer Collection: Bloomberg 2013 BloombergA pedestrian looks towards the commercial shipping port and marina on the Atlantic ocean in the early morning in Sines, Portugal, on Saturday, April 13, 2013. Portugal's government plans to cut about 1.2 billion euros ($1.6 billion) in spending this year after the country's highest court blocked a plan to suspend the equivalent of a monthly salary payment to state workers and pensioners. Photographer: Mario Proenca/Bloomberg via Getty Images