Pedro Passos Coelho improve the State's financial situation tax hikes, a freeze of civil service-related lower-wages and cuts of higher-wages by 14.3%, on top of the government's spending cuts 20%
Who headed the government after the bailout was announced? What was the purpose of the Portuguese bailout? How was the Portuguese bailout implemented? Between 2010 and 2012, by what percentage were the wages of public servants cut?
After the bailout was announced, the Portuguese government headed by Pedro Passos Coelho managed to implement measures with the intention of improve the State's financial situation, including tax hikes, a freeze of civil service-related lower-wages and cuts of higher-wages by 14.3%, on top of the government's spending cuts. The Portuguese government also agreed to eliminate its golden share in Portugal Telecom which gave it veto power over vital decisions. In 2012, all public servants had already seen an average wage cut of 20% relative to their 2010 baseline, with cuts reaching 25% for those earning more than 1,500 euro per month.
question: Who headed the government after the bailout was announced?, answer: Pedro Passos Coelho | question: What was the purpose of the Portuguese bailout?, answer: improve the State's financial situation | question: How was the Portuguese bailout implemented?, answer: tax hikes, a freeze of civil service-related lower-wages and cuts of higher-wages by 14.3%, on top of the government's spending cuts | question: Between 2010 and 2012, by what percentage were the wages of public servants cut?, answer: 20%