LogFAQs > #905577848

So I get what this article means, but it is important to note this:

The government raised public sector salaries, the minimum wage and pensions and even restored the amount of vacation days to prebailout levels over objections from creditors like Germany and the International Monetary Fund. Incentives to stimulate business included development subsidies, tax credits and funding for small and midsize companies.

Mr. Costa made up for the givebacks with cuts in infrastructure and other spending, whittling the annual budget deficit to less than 1 percent of its gross domestic product, compared with 4.4 percent when he took office. The government is on track to achieve a surplus by 2020, a year ahead of schedule, ending a quarter-century of deficits.

In a technical sense, they are actually adhering to fiscal austerity better than they were previously. Fiscal austerity as pursued in the U.K. specifically popularized the idea that austerity measures mean cuts to social services, but it really means deficit reduction and can be achieved by cuts and tax increases (I assume both happened here)
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But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you.