<span style="color: #222222;">Thousands of people took to Portugal capital Lisbon's streets to demand better living conditions. Portugal is struggling with a cost-of-living crisis due to inflation. House prices in Portugal rose 18.7% in 2022, the biggest increase in three decades, and rents have also increased significantly in part due to a speculative property bubble.<br />''<br />''The protest was organised by the 'Fair Life' movement which was created by people who live in Lisbon's poorer outskirts. It said those who were already the most vulnerable before inflation soared, were the ones being the hardest hit by the ongoing cost of living crisis. It further said that they want higher wages, a cap on the prices of essential goods and government action on housing.<br />''<br />''Portugal is one of Western Europe's poorest countries, with government data showing more than 50% of workers earned less than 1,000 euros per month last year. The monthly minimum wage is 760 euros.</span><br />
News On AIR | February 26, 2023 7:31 PM
Thousands take to streets in Portugal over cost-of-living crisis due to inflation