Vítor Gaspar: Difference between revisions
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On 18 October 2011 Gaspar told Portugal's main TV channel [[RTP1]] that the wage cuts imposed on civil servants the previous week in the presentation of the State Budget for 2012 were the only way to avoid a much more painful and complex policy of mass firing of civil servants. He said that if wage cuts were not enforced, it would be necessary to get rid of about 100,000 civil servants immediately (under law, Portuguese civil servants are shielded from unemployment, so a number of special [[derogation]]s would be needed to achieve this).<ref>{{pt icon}} [http://aeiou.expresso.pt/gaspar-alternativa-aos-cortes-seria-saida-de-100-mil-funcionarios-publicos=f681292 Gaspar: alternativa aos cortes seria saída de 100 mil funcionários públicos], [[Expresso (newspaper)|Expresso]]</ref> |
On 18 October 2011 Gaspar told Portugal's main TV channel [[RTP1]] that the wage cuts imposed on civil servants the previous week in the presentation of the State Budget for 2012 were the only way to avoid a much more painful and complex policy of mass firing of civil servants. He said that if wage cuts were not enforced, it would be necessary to get rid of about 100,000 civil servants immediately (under law, Portuguese civil servants are shielded from unemployment, so a number of special [[derogation]]s would be needed to achieve this).<ref>{{pt icon}} [http://aeiou.expresso.pt/gaspar-alternativa-aos-cortes-seria-saida-de-100-mil-funcionarios-publicos=f681292 Gaspar: alternativa aos cortes seria saída de 100 mil funcionários públicos], [[Expresso (newspaper)|Expresso]]</ref> |
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On 1 July 2013, he resigned and was replaced by Maria Luís Albuquerque, who had been Secretary of Treasury under him. It was reported that he had tried to leave office eight months earlier, due to pressure of public opinion.{{cn|date=July 2013}} |
On 1 July 2013, he resigned and was replaced by Maria Luís Albuquerque, who had been Secretary of Treasury under him.<ref>{{pt icon}} [http://www.bbc.co.uk/news/world-europe-23135573 Portugal's finance minister quits]]</ref> It was reported that he had tried to leave office eight months earlier, due to pressure of public opinion.{{cn|date=July 2013}} |
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==References== |
==References== |
Revision as of 00:24, 2 July 2013
Vítor Gaspar | |
---|---|
Minister of Finance Minister of State | |
In office 21 June 2011 – 1 July 2013 | |
President | Aníbal Cavaco Silva |
Prime Minister | Pedro Passos Coelho |
Preceded by | Fernando Teixeira dos Santos |
Succeeded by | Maria Luís Albuquerque |
Personal details | |
Born | Vítor Louçã Rabaça Gaspar November 9, 1960 Lisbon, Portugal |
Died | thumb 250p |
Resting place | thumb 250p |
Political party | Independent |
Parent |
|
Alma mater | Catholic University of Portugal |
Vítor Gaspar (born 9 November 1960) is a former Portuguese Finance Minister, having served from 21 June 2011[1] until 1 July 2013.[citation needed] He was also an adviser to the Bank of Portugal, having been from 2007 Director-General at the Bureau of European Policy Advisers (ERI) with the President of the European Commission. Previously he was Director-General for Research at the European Central Bank for six years. Gaspar was awarded a degree in economics by the Universidade Católica Portuguesa (UCP) in 1982, and in 1988 was awarded a doctorate in economics by the Universidade Nova de Lisboa. He is married and has three daughters.
Minister of Finance
He was appointed Portuguese Finance Minister in Prime Minister Pedro Passos Coelho's cabinet on 21 June 2011. In this capacity, Gaspar's policies included a firm intention to accomplish the European Union/IMF-led rescue plan for Portugal's sovereign debt crisis. The rescue plan included widespread tax increases and reforms aimed at better efficiency and rationalized resource allocation in the public sector, in order to reduce the number of unnecessary civil servants and the public sector's chronic overcapacity.[2]
As time went on it became increasingly clear that a series of supplementary measures would be taken during the course of the year as a means to restrain an out-of-control budget deficit. These included sharp cuts in spending on state-run healthcare, education and social security systems, along with widespread tax hikes.
On 18 October 2011 Gaspar told Portugal's main TV channel RTP1 that the wage cuts imposed on civil servants the previous week in the presentation of the State Budget for 2012 were the only way to avoid a much more painful and complex policy of mass firing of civil servants. He said that if wage cuts were not enforced, it would be necessary to get rid of about 100,000 civil servants immediately (under law, Portuguese civil servants are shielded from unemployment, so a number of special derogations would be needed to achieve this).[3]
On 1 July 2013, he resigned and was replaced by Maria Luís Albuquerque, who had been Secretary of Treasury under him.[4] It was reported that he had tried to leave office eight months earlier, due to pressure of public opinion.[citation needed]
References
- ^ "Ministério das Finanças" (in Portuguese). Governo de Portugal. Retrieved 19 August 2011.
- ^ Template:Pt icon Administração Pública obrigada a emagrecer 1% ao ano, Destak.pt (21 June 2011)
- ^ Template:Pt icon Gaspar: alternativa aos cortes seria saída de 100 mil funcionários públicos, Expresso
- ^ Template:Pt icon Portugal's finance minister quits]