Público
«President tries to halt public expression of government divergences”», reveals Público, after President Cavaco Silva told the coalition partners they should avoid any public expression of divergences in the government. According to the daily, the president believes divergences are natural in any coalition, but a joint effort is needed in the name of national interest, stressing that internal issues should be settled without publicity.
Correio da Manhã
«Eight bankers under suspicion», reports Correio da Manhã, as last year the bank authorities opened 21 proceedings against bankers due to money laundering.
Diário de Notícias
«OECD calls for VAT hike in hotels to 23%», writes Diário de Notícias, as according to a report released by the Organisation for Economic Co-operation and Development, Portugal still has a margin to increase VAT rates in essential goods from 6% and 13% to 23%, according to the agency. The OECD also highlights the hospitality industry as a key sector to raise VAT rates.
Jornal de Notícias
«New recipe: higher VAT and property tax to reduce income tax and social security contributions», writes Jornal de Notícias, as the OECD released a report on Portugal, calling for structural reforms but fretting about the country’s pension problems.
i
«Eight centuries of financial folly», writes i, as the OECD stated that before the financial crisis Portugal was already the most unequal country in Europe. The daily also reports that President Cavaco Silva told reporters Tuesday that the conclusion of the troika’s seventh quarterly assessment of Portugal’s adjustment programme seemed inspired by “Our Lady of Fátima”, whose feast day falls on 13 May.
Diário Económico
«Pensioners are able to save the most in Portugal», reports financial daily Diário Económico, as figures released by the Bank of Portugal reveal that pensioners save 23% of their disposable incomes.
Jornal de Negócios
«OECD calls for convergence without cuts in state pensions», reveals financial newspaper Jornal de Negócios, as the think tank’s Secretary General Ángel Gurría defends the convergence of state pensions with those of the private sector, but without retroactive cuts. According to the paper, the suggestion was part of a report on state reform which the Portuguese government had ordered.
A Bola
«Make history», writes A Bola, as Benfica gets ready to face Chelsea this evening in the Europa League final played in Amsterdam.
Record
«All for one», reports Record, as Benfica faces Chelsea this Wednesday in the Europa League final in Amsterdam.
O Jogo
«They are only 11», writes O Jogo, as the daily sports paper says the day coach Béla Guttman made Benfica champion 51 years ago in Amsterdam is still a valid lesson, ahead of this evening’s Europa League final against Chelsea.