Passos Coelho unveils reform plan amid spending, fuel tax issues.
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Former Prime Minister Passos Coelho is set to present his reformist proposals for Portugal within two months, offering a glimpse into his plan through a new book preface. This follows a study he coordinated that was already submitted to the Government and the President, aiming to stimulate the economy.
Meanwhile, government financial actions are under scrutiny, with nearly 800 million euros spent on state-owned companies REN and Águas de Portugal in the past year. Additionally, the government has adjusted the Special Consumption Tax on fuels, halting a gasoline price drop and maintaining an increase for diesel. Public sector discontent is also growing as the National Republican Guard (GNR) joins the Public Security Police (PSP) in protests for higher salaries.
In other political developments, the Socialist Party (PS) has proposed doubling the IRS and VAT allocated to municipalities and granting them a share of profits from renewable energy sources.