Thursday 16 December 2010


The title of this post summarizes the new Initiative for Competitiveness and Employment launched today by the Portuguese Government, with 50 (fifty, no mistake) policy measures.
If you can read Portuguese, the announcement is here.
For all the others, a quick summary:
     - measures aimed at exports (15, ranging from export credits to fiscal benefits)
     - measures aimed at bureaucracy removal /reduction (8)
     - measures aimed at the labour market (16)
     - measures aimed at real estate and housing markets (5)
     - measures aimed at fraud and fiscal evasion (6)
This sounds a bit like "carpet bombing" - something will work; in a statistical sense, at least this is likely to happen.

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