InfoAnda - Portugal PM says will listen to public anger on taxes |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

More mid—career professionals consider joining teaching force | 9 December 2008
Rockets hit US base in Afghanistan, 2 troops dead | 21 June 2009
Blast kills 33 near lawmaker's home in Pakistan | 16 December 2009

Rescuers race to find missing in flooded China mine | 6 April 2010

Forum Views () Forum Replies ()

Read more with google mobile : Portugal PM says will listen to public anger on taxes |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Reihan Salam Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours. Full Article Images of August Follow Reuters Facebook Twitter RSS YouTube Read Insults to Islam ignite violence in Pakistan, 15 killed | 3:11pm EDT Apple iPhone 5 fever rages despite grumbling over maps | 2:47pm EDT Romney paid at least 13 percent tax rate over 20 years: letter 4:52pm EDT Analysis: Romney can still win, but it won't be easy 1:07am EDT Space shuttle Endeavour in Los Angeles after final flight 4:45pm EDT Discussed 272 New video shows Romney saying Palestinians don’t want peace 121 Romney derides Obama supporters in hidden camera speech 84 China pushes Japan with sea claims, trade threats Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption iPhone 5 frenzy People around the world queue in lines for the release of Apple's anticipated iPhone 5. Slideshow Beachside Cuba Cuba's beaches are an attraction for tourists the world over. Slideshow Portugal PM says will listen to public anger on taxes Tweet Share this Email Print Related News Germany's Schaeuble says Spain doesn't need bailout 12:20pm EDT Portugal PM says will listen to public anger on taxes 7:30am EDT Portugal ruling party's popularity hammered by taxes Thu, Sep 20 2012 Brussels at pains to sustain crisis-fighting momentum Mon, Sep 17 2012 UPDATE 3-EU, IMF give Portugal more time to meet deficit goals Tue, Sep 11 2012 Analysis & Opinion Actually, conservatives should favor even fewer people paying income tax Political crisis in India: Mamata Banerjee moves out, UPA should move forward Related Topics World » Portugal's Prime Minister Pedro Passos Coelho (C) speaks as he is flanked by Finance Minister Vitor Gaspar (L) and Foreign Affairs Minister Paulo Portas during a debate in parliament in Lisbon September 21, 2012. Credit: Reuters/Hugo Correia By Axel Bugge and Andrei Khalip LISBON | Fri Sep 21, 2012 2:55pm EDT LISBON (Reuters) - Portugal's Prime Minister Pedro Passos Coelho promised on Friday to listen to the nation, suggesting he could soften planned tax hikes which have sparked the worst backlash to austerity since the country received a bailout last year. But protests reignited in Lisbon as President Anibal Cavaco Silva met with his council of state. The consultative body made up of senior political figures will discuss the situation in the country after the measure to hike the social security levy for workers to 18 percent from 11 percent was announced on September 7. The plan to raise the contributions in 2013 has undermined a reluctant acceptance of austerity in Portugal and sparked large protests, increasing pressure on the government as it strives to meet the strict conditions of the bailout. "We are not deaf to the difficulties faced by the country," Passos Coelho told parliament. But several thousand protesters booed the council members and Finance Minister Vitor Gaspar arriving at the presidential palace in Belem. They chanted: "Thieves, thieves!" and carried banners "Enough of robbing the people!" or "We fire you!" "They're a rotten gang. They have powerful computers to make great projections, but know nothing about real life," one of the protesters told SIC television. POLITICAL CRISIS OVERCOME? The tax measure had strained relations between Passos Coelho's Social Democrats and the rightist CDS party -- the small coalition partner that ensures the government's majority in parliament and is traditionally opposed to tax hikes. But late on Thursday, the two parties said they remained committed to the coalition pact and the targets of the bailout, while calling the protests a message to be heeded. Cavaco Silva said earlier on Friday the likelihood of a political crisis had been averted. "I think this possibility has been overcome," Cavaco Silva said in televised remarks. "That would be dramatic for Portugal, everybody knows what could happen to Portugal if we add a political crisis to our difficulties of external financing." Portugal has entered its worst recession since the 1970s as it labors under sweeping tax rises and spending cuts, with the centre-right government's popularity slumping to an all-time low after it announced the tax changes. In the first parliamentary debate since the summer break, Passos Coelho refused to say whether he would actually reverse the measures, saying only that he is committed to talking to unions and businesses. On Monday he will meet with them for more talks on the measure, which has broken a previous political consensus in Portugal behind the bailout. "We know that we are resolving problems, but we have the humility to recognize that the difficulties faced by people are very big and we know that Portugal's adjustment is not over at the end of the year," Passos Coelho said. Opposition Socialist leader Antonio Jose Seguro told parliament the government had been "incompetent with the budget" in reaching a point where more austerity measures are necessary. The government had previously hoped the adjustment would have borne fruit by now, but the recession will now extend into 2013. "Now you promise more austerity for more time," said Seguro. Armenio Carlos, head of the country's largest union CGTP told reporters after meeting Passos Coelho earlier on Friday the premier had not given any alternatives to the tax hike. "We will not accept one cent of salary cuts," Carlos warned. The head of Portugal's third largest private bank, Banco BPI, said on Friday rising political tension could hinder the country's planned return to debt markets next year. "The greatest risk on the horizon is Portugal's political situation," BPI chief executive Fernando Ulrich told Reuters. "This is my gravest concern, to see if the political and social situation worsens or eases." Still, Portuguese benchmark 10-year bond yields remained practically flat on Friday at around 8.7 percent after having fallen sharply earlier in September on the European Central Bank's plan to buy bonds of struggling euro zone issuers. (Additional reporting by Sergio Goncalves and Daniel Alvarenga; editing by Ron Askew) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 22 September 2012
Iraq blocks Syria-bound North Korean plane, suspects weapons cargo |
Protesters storm main Islamist militia HQ in Libya's Benghazi |
Eight people arrested over Benghazi attack: official |
Russia's Medvedev offers rare criticism for Putin |
Syria's neighbors seek extension of U.N. war crimes inquiry |
Exclusive: Ukraine trade demand shocks global partners |
Portugal PM says will listen to public anger on taxes |
Facebook tightens privacy to satisfy Irish regulator |
Iranian hackers target Bank of America, JPMorgan, Citi |
Amazon to launch Kindle in Japan next month: Nikkei |
ACI Worldwide to buy back warrants from IBM |
Yoko Ono joins calls for Pussy Riot's prison release |
Helen Mirren to play Queen Elizabeth again
Led Zeppelin dodges reunion issue at film promotion |
Crew diver drowns on set of new Lone Ranger movie |
France's Cite du Cinema aims to lure Hollywood |
Libyan Islamist militia swept out of Benghazi bases |
Philippines close to landmark peace deal in rebel south |
Myanmar says not worried Suu Kyi upstaging president on U.S. visit |
Suspect in Mekong massacre pleads guilty in Chinese court |
Portugal government gives up on levy, to mull alternatives |
Twitter CEO promises interactive tweets, defends curbs |
Japan government mulls Renesas rescue with Toyota, others: sources |
Oracle boosts compensation of billionaire CEO Ellison |
Apple iPhone 5 fever rages despite grumbling over maps |
Seagate cuts current-quarter revenue estimate on weak demand |
AT&T to accept political donations by text, set lower fees |
U.S. seeks Internet data flow safeguards in Asia-Pacific trade pact |
Amanda Bynes charged with driving on suspended license |
Rebel Free Syrian Army leaders move from Turkey to Syria |
China envoy warns Canada against politicizing Nexen deal |
Crews extinguish fire at Venezuela's El Palito refinery |
Congo could allow oil exploitation in parks: minister |
U.S. bans 20 Iran officials from travel to U.N. assembly: report |
Afghanistan bans Pakistani papers over propaganda |
Four arrested over wave of kidnappings in Mozambique |
Cameroon sentence ex-minister to 25-year jail term |
Yemen minister says Saleh trying to spoil transition |
Apple seeks U.S. Samsung sales ban, $707 million more in damages |
Analysis: IPhone 5 defines Apple success, Tim Cook-style |
Wireless carriers hope to temper iPhone 5 margin pain |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01