Portugal: the enforcement of the Social Security Code is postponed to January 2011

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30 November 2009 à 10h11

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2 minutes

Publication: 30 November 2009 à 10h11

Reading time: 2 minutes

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Publication

30 November 2009 à 10h11

Reading time

2 minutes

Publication: 30 November 2009 à 10h11

Reading time: 2 minutes

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Portuguese Parliament voted to postpone to January 2011 the enforcement of the new Social Security Code, initially planned for January 1, 2010. Highly criticized since it was adopted, this code was rejected by left-wing and right-wing MPs. The State will loose 80 million euros in yield in 2010 because of this delay. This is the first political setback for the brand new socialist government, which doesn’t have an absolute majority. (Ref. 091087)

The populist right-wing party led the revolt, with

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