Portugal passes fresh tax hikes

Portugal’s parliament has passed the country’s largest tax hike package in decades.

The changes form part of Prime Minister Pedro Passos Coelho’s new 2013 budget programme.

Lisbon has to meet targets set by a 78-billion-euro bailout agreement with the EU and IMF.

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This entry was posted in Euro, Eurozone Sovereign Spreads, Fiscal Policy and tagged , , . Bookmark the permalink.

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