European Commission Rates Portugal's Reforma dos Benefícios Fiscais 'Limitada' — 800 Deductions, 4.3% of GDP in VAT Spending and an 31 August PRR Milestone
The European Commission's June package on the European Semester closed Portugal's fiscal-benefits chapter with a one-word verdict — limitada (limited) — and flagged that "effective measures to rationalise fiscal spending continue to be limited"...