Bloomberg News

Portuguese Government Doesn’t Plan Any More Tax Increases

September 30, 2011

Sept. 30 (Bloomberg) -- The Portuguese government doesn’t plan any more tax increases, Finance Minister Vitor Gaspar said in a press conference in Lisbon today.

The government will rely on the other measures it had already announced to reach this year’s budget deficit target, such as the transfer of some Portuguese banks’ pension funds, he said.

To contact the reporter on this story: Anabela Reis in Lisbon at

To contact the editor responsible for this story: Joao Lima at

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