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Following the agreement between the Socialist Party and the Left Bloc, the social electricity rate will be assigned automatically to include half a million families after cross-referencing data from the tax and social security authorities.

The government expects to submit the State Budget to parliament in the beginning of February. Brussels said it demands a deficit below 2.8% and the German bank Commerzbank predicts Portugal will find itself in the same situation as Greece. The leftist parties warn that the Budget will have to mirror the agreement they struck with the government.

We need to stop taxpayers’ money acting as a guarantee that mismanagement in private banking is a crime that pays. By Mariana Mortágua.

The plan imposed by the European Commission, with the intervention from the Bank of Portugal and governmental approval, had a clear goal: to benefit Santander. By Francisco Louçã.

This week civil servant trade unions met with government to demand restitution of cuts made by the previous right-wing government.

Santander bank has benefitted from a solution imposed by the ECB and the Bank of Portugal over an offer from the North American Apollo Fund which would have saved the state 1.7bn.

Parliament discussed a proposal presented by the Left Bloc banning tax authorities from selling homes of families with tax debts. A Socialist Party law on the same subject, which goes beyond what was originally written in the government programme, was also voted.