Lusa
The governor of the Bank of Portugal, Carlos Costa, Lisbon today defended the need to find mechanisms of early retirement for workers with “long careers”, but that did not adapt to the new working conditions.
At the seminar ‘The need for a robust growth for the post-troika’, organized by Forum for Competitiveness and held this afternoon in Lisbon, Carlos Costa defended mechanisms retirement of workers with “long careers” and with decreasing levels of income and productivity.
“It would be necessary to think ( …) how to find appropriate ways of ‘pre-pensionamento’ these workers who, for reasons relating to its formation, its long history of work and even for reasons relating to own inadequacy to new conditions [work], currently attending especially health centers for medical licenses and other mechanisms of temporary absence, “said the governor.
Carlos Costa suggested this type of mechanisms ‘pre-pensionamento’ as a possible answer to the problem of structural unemployment Portugal, whose absorption “will take time”, since it does not resolve “the simple reversal of the economic cycle.”
During the intervention, the head of the central bank also said that the existing European institutional model “does not is sufficiently integrated “and” does not have a decision-making center think the whole, “which creates” two biases that systematically delaying Europe’s response “: the inertia of the response and the fact that the larger countries to give priority to its position .
Carlos Costa has said it takes “a decision center able to anticipate problems and minimize adjustment costs”, adding that the process of European integration is an “inherent to sustained development the Portuguese economy. “
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