Warning. The CGTP warned against the consequences of outside intervention to support the Portuguese economy. After an extraordinary meeting of the union confederation’s economic council, the CGTP’s management expressed doubt as to the guarantee of workers’ rights. Regarding working conditions, the IMF should recommend three axes to help reduce deficits and guarantees the reimbursement of the subsidy, around €80bn: reduce layoff costs, end the indexation of wages on inflation, and increase taxes.
to support the Portuguese economy. After an extraordinary meeting of the union confederation’s economic council, the CGTP’s management expressed doubt as to the guarantee of workers’ rights. Regarding working conditions, the IMF should recommend three axes to help reduce deficits and guarantees the reimbursement of the subsidy, around €80bn: reduce layoff costs, end the indexation of wages on inflation, and increase taxes.
Severe cuts to incomes. The austerity measures the Portuguese dread th
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