login
login

Europe Daily Bulletin No. 10703

5 October 2012
Contents Publication in full By article 16 / 32
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Rising austerity and income tax hike

Brusssels, 04/10/2012 (Agence Europe) - On Wednesday 3 October, the Portuguese government announced income tax rises across the board as one of the austerity measures to replace the government's initial plans that it has to drop amidst widescale social unrest (see EUROPE 10701). The centre-right government of Pedro Passos Coelho is now planning a one-off 4% income tax for everyone and a reduction of the eight tax bands to five, explains finance minister Vitor Gaspar. This means the average...

Contents

SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - EDUCATION - CULTURE
EXTERNAL ACTION