domenica 20 luglio 2014

Portugal : the destruction of the real economy

For three years, various economic indicators indicate how Portugal is coming closer and closer to the level of the least developed countries of Eastern Europe. The Pravda writes in a study by Jeronimo de Sousa.

  The public debt, unemployment and mass migration are the three most worrying aspects. According to data from the Observatory Emigração, by 2008, about 400,000 people have left Portugal; in terms of percentage of the total population (10.6 million people) is the second-highest rate in Europe after Malta. The country has lost a fifth of its resources of skilled labor.

Experts estimate that the exodus of the Portuguese people 100-120000 both at the level of a year. By analyzing the qualifications and the age group of immigrants came to the conclusion that those who leave are mainly semi-skilled workers who have sufficient means to rent homes abroad, and have little capital to survive for some time without job. The poorest people do not emigrate, with the exception of rare cases of reunification with their families.

  Skilled workers are a minority. For example, in Luxembourg, where 19% of the population is Portuguese, only 2% is made up of skilled workers in the financial sector and scientific. For the most part, the Portuguese overseas working in construction, utilities, in the hotel industry, commerce and services. Despite the clichés, most of the emigrants is not formed by the unemployed (unemployment in the country is 17.5%), but by people dissatisfied with their lives. In some sectors, such as medicine, the situation is catastrophic. Both physicians and hospital staff are leaving the country. Most of the emigrants, says Sousa, are young people of reproductive age, and this causes a decline in natural population growth. According to the national program for the early detection, Portugal in 2011, for the first time in its history, has touched the lowest level of birth rate - 100,000 children.

On February 22, the National Assembly of the Communist Party has provided some data that give an idea of the economic situation of the country. Since the beginning of the aid by the EU, none of the targets set by the three creditors (European Commission, European Central Bank and International Monetary Fund) has been reached. GDP fell by 5.8%, twice the expected. In absolute terms, GDP decreased by 9.4 billion euro. It was expected that the fall in investment would be 15%, but during the three years of this finding aid has already reached 37%. The number of jobs has decreased five times more than what was announced, which means that were destroyed 464,000 jobs. The country's debt in 2010 was 93% of GDP, and was assured that it would not be increased above 115%, but today it is 130% of GDP and grew by more than 51.5 billion euro.

The budget deficit was not sustained at 3% as promised, equest'anno will be more than 5%, despite the sharp drop in spending for social services and the public sector. It 'a sign of the victory of the mega-banks that controls the real economy, and the losers are the country and future generations, he said in his speech, the Secretary General of the PPC Jeronimo de Sousa.

In this situation, "the government does not take responsibility for the rampant destruction of the real economy of the country and for the thousands of failed businesses, for the brutal and massive unemployment that contributes to the emigration of thousands of daily Portuguese for 'weakening of the country and its future, due to the increase of labor exploitation and the concentration of wealth which leads to an accelerated process of impoverishment of millions of Portuguese, to the spread of poverty and social exclusion, for the violation of fundamental constitutional rights to work, health, social security and education, "he concluded Jeronimo de Sousa.

Nessun commento:

Posta un commento