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Portuguese President Anibal Cavaco Silva on Monday signed into law a bill
containing a package of austerity measures to reduce the public deficit.
The law, which was first presented by the government and later approved by
the parliament, included an increase of value added tax and taxation on
companies and workers.
Some people doubt whether some measures in the law are constitutional.
The Constitutional Tribunal is expected to decide soon whether the measures
are constitutional.
The government aims to reduce the public deficit this year from 9.3 percent
to 7.3 percent of gross domestic product. |
