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Tens of thousands march in Lisbon over housing and living costs
Yahoo • • world
Key Points:
- Tens of thousands protested in Lisbon against rising living costs and a worsening housing crisis, with Portugal's largest union CGTP organizing the rally amid growing public unrest.
- Protesters highlight that low wages are not keeping pace with soaring housing and living expenses, particularly in major cities where rents and house prices have nearly doubled since 2017.
- Inflation in Portugal reached 3.6% in September, driven by increased food and fuel prices, exacerbating financial pressures on residents like students and teachers.
- The government, represented by Parliamentary Affairs Minister Carlos Abreu Amorim, stated it will not be swayed by protests and is implementing measures to address the issues.
- The protests in Portugal coincide with similar demonstrations across Europe, including France, Belgium, and Albania, reflecting widespread dissatisfaction with economic conditions.
