Público
«PSD figures support Paulo Portas in criticising tax on pensions», reveals Público, as leading figures in the ruling Social Democratic Party (PSD) have slammed a new proposal put forward by the prime minister on Friday involving a new surcharge on pensions, which has also been criticised by minister of state and foreign affairs and leader of junior coalition partner CDS-PP, Paulo Portas.
Correio da Manhã
«Overtime: public sector sees another €40m cut», reports Correio da Manhã, as the government aims to cut back on civil servants’ overtime and save €40m in 2013.
Diário de Notícias
«Gaspar wants to lay off 100,000 civil servants», writes Diário de Notícias, as the government is pushing on with harsh spending cuts to meet the terms of its €78bn bailout. According to the daily, officials from the troika of international lenders (European Central Bank, European Commisssion and International Monetary Fund) are returning to Lisbon this Tuesday to assess the government’s latest measures and whether the country’s next due bailout tranche will be released.
Jornal de Notícias
«Troika: Seventh evaluation yet to be concluded», reports Jornal de Notícias, as officials from the so-called troika of international lenders arrive in Lisbon this Tuesday, while the European Commission praised the Portuguese government’s recently announced permanent cuts to expenditure.
i
«In the end Portas accepted cuts of €740m a year for state pensioners», reveals i, as despite his televised address last Sunday claiming he would do everything he could to prevent pensions from being cut and taxed, Minister of State and Foreign Affairs Paulo Portas, also leader of junior coalition partner CDS-PP, accepted the prime ministers’ proposal to cut public sector pensions. The daily newspaper reports that state pensioners will lose around 9.3% of their income in 2014, translating into €740m, and another 9.3% in 2015, also totalling €740m.
Diário Económico
«Single salary scale in public service leads to double cut-off in wages», writes Diário Económico, as the introduction of a single pay scale for civil servants will lead to a double reduction in salaries since the current cuts between 3.5% and 10% are also maintained. The financial daily also reports that the troika of international lenders arrives in Lisbon this Tuesday and Portugal will be testing markets with a 10-year bond issue.
Jornal de Negócios
«Civil service will work more than private sector», reports Jornal de Negócios, as the government wants the public sector to increase the number of weekly working hours to 40, matching it with the private sector, but in the latter these are held as the legal ceiling, whereas in the state they will be the rule. The financial daily also reports that Portugal is issuing this Tuesday 10-year debt as the country battles to regain financial independence.
A Bola
«Until the last drop», writes A Bola, as Premier League leaders Benfica were held to a 1-1 draw at home with Estoril on Monday and the sports paper reports that they will rise to victory if they win the “clássico” against FC Porto next weekend.
Record
«The Eagle complicates», reveals Record, after Benfica was held to a 1-1 draw with Estoril on Monday, which the sports daily refers to as a “burning duel”.
O Jogo
«Hot, hot, hot», writes O Jogo, as Benfica is getting ready for the “clássico” against FC Porto next weekend.