The Finance Minister Maria Luís Albuquerque, said on Wednesday it will only be possible to lower taxes when there is a structural reduction in expenditure and stressed that the year 2015 started better than expected.
In a speech in the context of the 5th days Consolidation, Growth and Cohesion Social Democratic Party (PSD), the ruling stated that the budget execution in 2014 was achieved “two thirds the cost of spending and one-third the cost of revenue “
.” Here we get to where we wanted:. reduce more in spending than increase in revenue Because while not structurally reduce the expense we will not be able to lower taxes, tax rates, which is clearly something we want to do, “said Maria Luís Albuquerque before a room full in Porto.
The minister stressed that give good news is always” easier “, but at this time,” the Portuguese today have is to feel the good news. “
” All of us who walked on the street, we feel that there is more confidence, we feel that people are lighter, feel that there is more consumption, we feel that there are more cars on the road, “he said.
In a speech where not directly addressed the issue of Greece, Maria Luís Albuquerque said he hoped to get” the Minister of Finance and the public accounts are a less exciting topic in the next legislature, “that because the finance ministers,” when things go well, are people who do not matter no. “
” No work without consistency, without compliance with rules we can not want to have the benefits of being in the European Union, to be in the euro, having trading partners, to have access to markets and to have a legitimate ambition for a better life, “said Maria . Luis Albuquerque
The minister added: “We are taught from little ones that you can not have everything and often think it is very unfair that nothing is done without work and then curiously some even adults and esquecem- up and find that it is possible to have everything. “
” Look at Greece and see what gave “
Speaking on the same days, the holder voice of the PSD, Antony Costa, said it is “comfortable for a Portuguese” know that the country is better than Greece, considering that the “strategy of the opposition” put the country on the Athens situation.
“2015 will be a year marked by clearly positive developments for the Portuguese. We have the lowest interest rates in its history, believe that this has been achieved with the strategy of the opposition? Look at Greece and see what gave the opposition’s strategy, “asked the PSD spokesman during his speech.
Antony Costa said it is good to know that came from Portugal same point that Greece, in 2011, and now “the results are plain for all citizens.”
“It is very comfortable for a Portuguese know that in 2011, all were concerned with us, with Portugal and Greece, and now, along with others, we are only concerned with Greece, because we do not do part of the problem and we are only part of the solution, “said the PSD leader.
Also today, the leader of the PSD and Mrs Teresa Coelho Leal had distinguished the national context of the situation in Greece, arguing that Portugal turned the page in the European framework, and anticipating “more hardship” to the Greeks.
” With full respect for the electoral decision of our Greek fellow citizens, I here say that what separates us from the circumstances of Greece is that we have not done what the PS wanted to Portugal, “said vice president of PSD, in a policy statement in plenary, adding:. “That’s why we turned the page, and we turned the page in the European framework”
The Athens stock exchange ended losing 9.24% and the Greek debt interest soared over 10% one day after the new Governments took office
The benchmark index of the Greek stock market -. Athex – fell to 711.3 points and the volume of transactions amounted to 119.40 million euros.
In the secondary market, the ten years sovereign debt securities soared, at 16h in Lisbon, for the 10.357%, according to the Bloomberg financial news agency.
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