Eurogroup President Jeroen Dijsselbloem attends a news conference after an eurozone finance ministers meeting (Eurogroup) in Luxembourg, October 5, 2015. REUTERS/Eric Vidal
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Portugal led calls Wednesday for the head of the eurozone to resign for what many considered derogatory comments about southern debt-ridden nations spending foolishly before seeking outside help to emerge from the financial crisis.Supposedly thrifty northern Europeans have shouldered most of the cost of bailing out eurozone governments, mostly in the south: Greece, Portugal, Ireland, Cyprus.Dijsselbloem refused to apologize for his statement late Tuesday and insisted that financial solidarity comes with obligations, including budgetary rigor that sometimes was found wanting.And it hit especially hard in nations like Portugal and Spain, which for years had to suffer through grinding budget austerity cuts.
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