International Marketing Portugal raised concern on why Portugal’s Jobless Graduates flee to Brazil &

Added: (Wed Sep 07 2011)

Pressbox (Press Release) - With the Portuguese government recently announcing a strategy to cut their budget deficit to close to zero in under 4 years – it promises to be the largest cuts in the Portuguese government spending for 50 years. The cuts are set out to meet the deficit reductions for Portugal’s €78 billion European Union and International Monetary Fund bail-out agreement. Christopher Grizzard, Managing Director of International Marketing Portugal, wonders just how the cuts will affect not only consumers, but how the cuts will affect ‘Job Security’ for the public sector employees.

Vítor Gaspar, finance minister, described the upcoming spending cuts, reducing the Governments spending budget as "unprecedented". He also announced higher tax rates for the highest earning individuals and companies. All information and details on the planned cuts are due to be revealed Mid-October when the government are due to present its Budget Proposal for 2012. But just what will be repercussions of such an extreme move for Portugal? Christoph Grizzard says “I think it is very important that the Portuguese Government keep in mind the affected parties in this situation – The economy is already in turmoil.”
Despite this trend International Marketing Portugal have been successful in generating constant growth for their clients in the Lisbon area, and are looking to recruit several individuals to help further current campaigns. Given their performance in this difficult climate and with excellent prospects for development, Mr Grizzard aims to attract candidates of a calibre which he hopes will allow international Marketing Portugal to continue to go from strength to strength in the future.