Recession in Portugal is less likely than the European average, says Vitor Constâncio
The former Vítor Constancio European of Finance will probably be less than the center of Europe of the Minister of Finance, justifying the center of Europe’s dependence on the Minister of Finance.
“If you want Europe, if you want soft in the United States, it’s that possible countries [como Portugal] escape a smooth decline in GDP (Gross Domestic Product)”, said the former vice-president of the Central Bank, at the meeting on changes to the European State Budget for this year, at the Centro Cultural de Belém, in Lisbon.
Vítor also said that the national economy can “facilitate a recovery of tourism in the country, justifying that the countries of Ukraine are bigger for the effects of the war in Ukraine, as it can cause the effects of the war in Ukraine, as it can have effects of the center from Germany.
The former Minister of Finance being “obvious” that inflation this year should be higher than expected means that there will be more prices than budgeted, namely in derivatives such as VAT, which is a percentage in relation to , follows the evolution of inflation.
“The budget was fulfilled on the expenditure side, if there were no reasons to increase expenditure, it is obvious that the revenues will be higher than those that will be budgeted and that are still being budgeted”
At the event, organized by the law firm RFF & Associados, Rogério Fernandes Ferreira spoke about the special contribution to the conservation of forest resources, the so-called “pulp tax”, created in 2020, and which was waiting to be regulated.
“Be prepared, therefore, that, in moments that are politically, there will be aggravation of traditional taxes, there is this indirect way of another type of revenue”, warned the partner and founder of RFF.