News from Portugal Economy
Stay current with all the latest and breaking news about Portugal Economy, compare headlines and perspectives between news sources on stories happening today. In total, 844 stories have been published about Portugal Economy which Ground News has aggregated in the past 3 months.
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Economy · OeirasThe drop in IRC would have a positive impact on investment, competitiveness and even consumption, since, in this scenario of tax reduction by 7.5 pp, labor compensation would also increase by 1.79%, as companies would be able to retain and share more profits with workers.See the Story
A drop in the IRC rate would cause the economy to grow
Wages · PortugalA study by the Francisco Manuel dos Santos Foundation concludes that reducing the IRC and ending state and municipal spills would strengthen Portugal's economic competitiveness, boost GDP, and raise salaries. The loss of budget revenue would need to be partially compensated by increasing VAT, income tax, or social transfers.See the Story
More economic growth, more competitiveness, better wages: FFMS study highlights advantages of IRC drop.
Minimum Wage · PortugalIn an interview with Negócios and Antena 1, Mário Mouro defends an upward revision of the minimum wage expected for next year, similar to what happened this year. UGT proposes an increase of 70 euros instead of the expected 35 euros.See the Story