While I like the idea of innovative measures to boost export

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Celine Outlet Portugal has just announced further austerity in part through a type of fiscal devaluation : small reduction in corporate contributions to social security and large increase in employees contributions (equivalent to a month salary). While I like the idea of innovative measures to boost export competitiveness in the absence of exchange rate policy I wonder if this is the way to go? In fact would it not be preferable to have a lengthier adjustment process with reduction in corporate taxes but without further reductions in disposable income? This would just require a greater focus on growth rather than a pure short term credit perspective. In addition would it be possible to think more out of the box and seek to negotiate options for direct support to exporting corporations with aome sort of carrot and stick approach?. Celine Outlet

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