Lead stories in the Portuguese press this Wednesday are reporting on the rise of the unemployment rate, on a 4% solidarity tax on wealth proposed by former minister of finance Miguel Cadilhe, and how the government is assessing allowing early retirement in the public transport sector to help reduce the number of employees.
«Layoffs and credit cause unemployment above what had been forecast», writes Público, quoting a study from the government which explains the current 14.9% unemployment rate, well above expectations. The newspaper also highlights the new developments in the European debt crisis, after Prime Minister Pedro Passos Coelho said that uncertainty over Europe had “increased again”.
Correio da Manhã
«Cheating in Year 12 exams», reports Correio da Manhã, after the national exams season began on Monday. The newspaper writes that students in the cities of Guimarães and Fafe learned through a text message that an excerpt of Camões’ epic poem “The Lusiads” would be the main text in the Portuguese exam for Year 12 students.
Diário de Notícias
«Government ignores number of recurring criminals», writes Diário de Notícias, as many specialists point out that the state has no knowledge of the rate of criminal recurrence, which is crucial data at a time the government is planning to change criminal laws.
Jornal de Notícias
«Cadilhe proposes 4% tax on wealth», reveals Jornal de Notícias, after Miguel Cadilhe, a former minister of finance, proposed a 4% solidarity tax on stocks, investment funds, deposits and real estate to help erase public debt. According to Cadilhe’s calculations, revenue would increase between €16bn and €25bn.
«Cavaco against rift between northern and southern Europe», writes i, as President Aníbal Cavaco Silva warns in an article written for the newspaper to mark the Rio+20 United Nations conference on sustainable development, that “no one stands to gain from a world divided between north and south, between developed and developing countries.”
«Government is assessing early retirement in transport sector», reveals financial daily Diário Económico, as the ministers of finance and the economy ponder exempting workers in the public transport sector from the decree law which put a stop to early retirement. According to the newspaper, the aim is to help staff reduction schemes currently in force in the highly-indebted public bodies.
Jornal de Negócios
«IMF recommends cuts to compensations for illegal dismissal», reports financial newspaper Jornal de Negócios, quoting a report published by the International Monetary Fund which recommends cuts to compensations paid on dismissals considered illegal by the courts or after terminations due to political or ethnical motives.
«We want a year of great conquests», writes A Bola, quoting Artur Moraes, Benfica’s goalkeeper, about the next season.
«City attacks Javi», reveals Record, about the interest expressed by Manchester City for Benfica’s player Javi.
«The bill is €4.5m», writes O Jogo, quoting the price Moscow Spartak is asking Benfica for Argentinian player Rojo.