public finances

This tag is associated with 3 posts

Four fairer ways for Portugal to close budget gap

The Portuguese government has caused outrage by proposals to raid the incomes of workers through a massive hike in social security contributions. This was massively unfair given the heavy burden already placed in a string of previous austerity budgets on middle and low incomes in the country and especially because it came as social security … Continue reading

Monti, Rigore and Public Services

Rigore is one of Mario Monti’s watchwords. The Italian prime minister’s target is the public debt, which at 120% of gross domestic product (GDP), is deemed unsustainable. And in order to reign it in, local and regional, as well as central government must adhere to extremely strict budgetary rules. For example, they cannot just spend … Continue reading

EU leaders’ declaration on growth and jobs only empty words, says ETUC

Council fails to deal with sustainable growth and jobs, says European Trade Union Confederation More

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