The chairman of the Social Democrat group on Thursday drew attention to the effect of a “stubborn doppelgänger” that the Portuguese will experience with the rise in inflation and interest on home loans, without the “government having a robust response” to this. issues. At a dinner conference in Ponta Delgada, Azores, Joaquim Miranda Sarmento emphasized that “it is not a problem of European origin” what is happening in Portugal, that is, there will be no outspoken response in the EU to mitigate the increase in benefits .
This is because, the PSD delegate explained, in most other European countries, interest rates are fixed on mortgage loans, unlike Portugal, where 70% has a floating interest rate and is subject to rising interest rates. Therefore, he said, a response from the government would be expected to prevent families from seeing their purchasing power fall even further.
At a dinner attended by the leader of the PSD/Azores and the regional government, José Manuel Bolieiro, the social democratic parliamentary leader reiterated his criticism of “the greatest mystification in Portuguese politics” carried out by the government with “not -existing support” for pensions, as well as the “illusion” that civil servants’ salaries will rise (by 2%) when they lose 5 or 6% of their purchasing power.
“Even the promised minimum wage of 900 euros to maintain the same purchasing power should be 1000 euros,” said Joaquim Miranda Sarmento. In his opinion: “we are going to live with inflation above 2% for a while”.
PSD MEP José Manuel Fernandes also questioned him about the European funds the country must apply for – 5 billion from Portugal 2020; 23 million from Portugal 20-30 and 13.9 million from PRR. “All this money will still not be used to disguise socialist incompetence,” he said, recalling the country’s weak growth.
Source: DN
