LISBON: Portugal is sticking to the requirements of its bailout programme but needs to reduce its spending further, Prime Minister Pedro Passos Coelho said on Wednesday, reiterating that the programme should end after 3 years as planned.
"We are fulfilling a very tough adjustment process, not in order to show our obedience, but because this way we make our country recover," he said it televised remarks.
"We have to lower our level of spending in line with our possibilities."
On the day Portuguese went on a general strike against bailout austerity, Passos Coelho also said the country needs "as much social consensus as possible" to overcome its crisis.
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