Austerity Delivers Portugal's First Trade Surplus in 60 Years : News Photo

Austerity Delivers Portugal's First Trade Surplus in 60 Years

A statue of Vasco da Gama, Portuguese explorer, stands overlooking the Atlantic ocean and port in Sines, Portugal, on Friday, April 12, 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
Caption:
A statue of Vasco da Gama, Portuguese explorer, stands overlooking the Atlantic ocean and port in Sines, Portugal, on Friday, April 12, 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
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Date created:
April 12, 2013
Editorial #:
166657543
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Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
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4,000 x 2,579 px (55.56 x 35.82 in) - 72 dpi - 2.34 MB
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Source:
Bloomberg
Object name:
PORTUGAL ECON

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A statue of Vasco da Gama Portuguese explorer stands overlooking the... News Photo 166657543Atlantic,Atlantic Ocean,Cargo Container,Container,Economy,Environment,Europe,Explorer,Home Finances,Horizontal,Looking Over,Portugal,Portuguese Culture,Recession,Sea,Ship,Shipping,Sines,Stand,Statue,Vasco Da GamaPhotographer Collection: Bloomberg 2013 BloombergA statue of Vasco da Gama, Portuguese explorer, stands overlooking the Atlantic ocean and port in Sines, Portugal, on Friday, April 12, 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