Portugal Going Underground in Hard Times

The underground market in Portugal is booming because of the steep will increase in taxation and charges demanded by a 'troika' of intercontinental collectors to address the country's economic crisis. In May 2011, the Intercontinental Monetary Fund (IMF), the European Union (EU) plus the European Central Lender (ECB) loaned Portugal the equivalent of 103 billion bucks being a monetary rescue package. In return, the troika imposed draconian circumstances on middle- and lower-income sectors of your population and headed, because of the IMF took on a supervisory position through this southern European country's economic climate.

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