Austerity Delivers Portugal's First Trade Surplus in 60 Years

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A statue of Vasco da Gama, Portuguese explorer, stands overlooking... News PhotoAtlantic Ocean,Cargo Container,Container,Economy,Environment,Europe,Home Finances,Horizontal,Looking Over,Portugal,Portuguese Culture,Recession,Sea,Sines,StatuePhotographer 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