Portugal -New round of job cuts and pension age raised -May 03, 2013

In order to meet the demands of international creditors the government has launched new budget cuts, including cutting 30,000 public sector jobs, introducing a 40-hour work week for civil servants and raising the retirement age to 66. The government was forced to revise its 2013 austerity plans after the country's Constitutional Court rejected several projected cuts. Meanwhile, the economy is expected to shrink by 2.3% this year with unemployment poised to breach a record 18%.

English: http://www.france24.com/en/20130503-portugal-austerity-raises ...



For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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