Post by corrupteire on Oct 15, 2012 15:43:39 GMT -5
Protests convince Portugal government to reconsider tax rises
The Portuguese government have made a U-turn on a decision to increase taxes.
They have instead agreed to look for alternatives after huge anti-austerity street protests.
The government had planned to raise social security contributions next year from 11% to 18%, to meet the conditions of Portugal's international bailout.
Portugal was recently given an extra year to reduce its deficit, following the latest quarterly review by international lenders overseeing its €78bn bailout.
www.breakingnews.ie/world/protests-convince-portugal-government-to-reconsider-tax-rises-567885.html#.UF4N2c-wyvs.facebook
corrupteire.blogspot.ie/2012/09/if-only-irish-people-could-stand-up-for.html
The Portuguese government have made a U-turn on a decision to increase taxes.
They have instead agreed to look for alternatives after huge anti-austerity street protests.
The government had planned to raise social security contributions next year from 11% to 18%, to meet the conditions of Portugal's international bailout.
Portugal was recently given an extra year to reduce its deficit, following the latest quarterly review by international lenders overseeing its €78bn bailout.
www.breakingnews.ie/world/protests-convince-portugal-government-to-reconsider-tax-rises-567885.html#.UF4N2c-wyvs.facebook
corrupteire.blogspot.ie/2012/09/if-only-irish-people-could-stand-up-for.html