Portugal announces 2.4 billion euros in aid to families to fight inflation

The Portuguese government on Monday announced a 2.4 billion euro ($2.4 billion) package of measures to help households cope with inflation, including a cut in energy taxes.

The Socialist government also plans direct aid for families and a huge increase in pensions, Portuguese Prime Minister António Costa told a news conference.

The package of eight measures, entitled “Families First”, has an estimated value of 2.4 billion euros, in addition to the 1.6 billion euros already distributed by September.

“We have not seen such a sharp and sudden increase in the cost of living …

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