Their combined purchasing power
has then been further reduced by the rampant inflation currently standing at 9%
in Portugal
To the
elderly without recourse to supplementary income, other than social security
payments, this is most worrying especially with electricity now reaching levels of 30 to 40 % above 2021 invoiced
values. As yet, it is not quite a choice
between “eat or heat” but certainly self-imposed austerity must now be the rule
for all domestic necessities.
Those
of us who are fortunate to receive Portuguese state pensions in return for
contributions paid in excess of fifteen years can at least look forward to some
help from Sr. Costa´s government policies as well as a more sympathetic
approach to our longevity in this green(ish) and pleasant land.
by email, Roberto
Cavaleiro, Tomar