Last May, Portugal became the third country within the 17-country eurozone in need of a financial rescue to avoid bankruptcy, following Greece and Ireland. Unemployment within the country has climbed up to 14.8 percent as the recession has brought harsh conditions to architects and architecture students alike. Now, the prestigious Faculty of Architecture at the Technical University of Lisbon (UTL), one that has fostered many great architects such as João Luis Carrilho da Graça and Manuel Aires Mateus, may be forced to close its doors.
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