Article Excerpt
BY PATRICIA KOWSMANN
PRAIA DA VITÓRIA, Portugal—When euro-zone countries were slashing budgets last year, U.S. President Barack Obama urged them to tackle their currency crisis by focusing more on growth. But it is Mr. Obama’s own belt-tightening plan for the Pentagon that is about to put a Portuguese community in the middle of the Atlantic deeper into economic trouble.
By summer of next year, most of the 1,380 Americans living in Praia da Vitória, on an island in the Azores, will head home as part of a plan to cut U.S. expenses there by $35 million a year. Left behind will be 160 …
Continue reading article with pop up player
Link: U.S. Military Cuts Rattle Portugal
沒有留言:
張貼留言