Thursday, October 4, 2012

worldwide center - Portugal increased taxes & German Banks has enough financial capital

The Portuguese government has introduced a new version of her after mass protests austerity program. Is waived his right to vigorously criticized increase in social security contributions. Instead, you want tax increases primarily help meet the requirements of international donors in reducing the national deficit. Portugal increased taxes rather than social security




Europe's banks have in recent months, 200 billion euros in fresh capital anxious to better insure against crises. This was announced by the European Banking Authority (EBA) in London. The financial institutions have therefore strengthened its equity base significantly since the last stress test. German financial houses are new stress test


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