Tag Archives: 'Diário Económico'
Press Review – PM almost resigned last Sunday
Friday, 17 May: Weekly “Sol” reports that Prime Minister Passos Coelho went to see President Cavaco Silva last Sunday determined to hand in his resignation, amid the political crisis that shook the PSD/CDS-PP coalition, but the president convinced him not to and called Minister of State and Foreign Affairs Paulo Portas and mediated the conflict.
Press Review – Berlin slams Barroso for austerity
Thursday, 16 May: “Público” reports that German leaders criticised the path of austerity and tax hikes followed by the European Commission and its Portuguese President José Manuel Barroso for being “rigid” and “incompetent”.
Press Review – President disguises government divergences
Wednesday, 15 May: “Público” reports that President Cavaco Silva told the coalition partners they should avoid any public expression of divergences, stressing that internal issues should be settled without publicity.
Press Review – President mediates between coalition partners, avoids political crisis
Tuesday, 14 May: “Diário de Notícias” reports that President Cavaco Silva called both Prime Minister Passos Coelho and Minister of State and Foreign Affairs Paulo Portas on Sunday, before the extraordinary cabinet meeting took place
Press Review – OECD sounds warning on state reform
Monday, 13 May: Several newspapers, including weekly “Expresso”, report that the OECD has released a report warning that Portugal should be careful as it pushes on with state reforms, proposing several measures including lower income and corporate tax rates, lower compensation for dismissals, and higher property and environmental tax rates.
Press Review – Inactivity at highest rate since 1998
Friday, 10 May: “Público” reports that figures released by the National Institute of Statistics reveal that the jobless rate in Portugal has hit 17.7% but the inactivity rate has reached 39.9%, its highest in the last 15 years. “Correio da Manhã” says the real unemployment rate stands at 26.1%, affecting 1.5 million people.
Press Review – Changes in public service risk unconstitutionality
Thursday, 9 May: According to “Público”, specialists say that the non-existence of unemployment benefits in the mobility programme for public servants is among the issues that threaten the new changes proposed by the government.
Press Review – Minister of finance “transformed” in Brussels
Wednesday, 8 May: Daily “i” reports that despite being pleased with the result of Tuesday’s debt issue, Minister of Finance Vítor Gaspar admits that unemployment is a problem without solution unless Portugal starts an active job-creation programme.
Press Review – PSD figures strengthen case against tax on pensions
Tuesday, 7 May: According to newspaper “Público”, leading figures in the PSD party have slammed a new proposal put forward by the prime minister on Friday involving a new surcharge on pensions, which has also been criticised by minister of state and foreign affairs and leader of junior coalition partner CDS-PP, Paulo Portas.
Press Review – 50,000 at risk of leaving public sector in 18 months
Monday, 6 May: According to weekly “Expresso”, the public sector “mobility” scheme is to be turned into a “re-qualification” scheme, enabling the state to lay-off workers after 18 months.












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