Friday, 22 October 2010

The Portuguese Deficit


The Portuguese Central Administration's
deficit increased by 200 millions euros
in the last nine months of 2010,
the fiscal revenue
decreased by 7,6 %,
and social security costs
increased by 6%.

It's completely impossible
to reduce the 9.4%deficit
of the GDB of 2009
to the promised
4.6% for 2011.

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