Mostrar mensagens com a etiqueta spending cuts. Mostrar todas as mensagens
Mostrar mensagens com a etiqueta spending cuts. Mostrar todas as mensagens

terça-feira, abril 08, 2008

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"Mr Sócrates, a market-friendly Socialist inspired by what he calls “Nordic social democracy”, has had to face down strikes and protests from almost every sector of the public administration, including judges, the police, the armed forces and doctors, as he imposed stringent spending cuts, held down pay, reduced sick leave and raised the minimum retirement age for state employees from 60 to 65."
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"The reduction of the deficit by more than 3 percentage points in three years was achieved partly by severe cuts in public spending and investment, and partly by a sharp increase in tax revenue after the government recruited a private-sector banker to spearhead a crackdown on tax fraud and evasion."
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Aqui