Portugal to cut spending by 3 billion euros

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/ARP
Portuguese government plans to cut additional 3.2 billion euros from spending during 2014 in order to reach deficit target of 3%, while the country's aim is to exit from the bailout program. Moreover, 1.3 billion from the whole cuts will come from the state sector, as government employees who earn 600 euros and more will see a salary decrease of 2.5% to 12%. Budget deficit is planned at 11.7 billion euros.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.