PM announces further cuts as country struggles to reduce its debt

The video discusses the government's decision to adjust social security contributions, reducing costs for businesses and altering investment incentives. It highlights the role of the European Central Bank in facilitating economic adjustments but emphasizes the necessity of domestic reforms to ensure sustainable economic growth and public account consolidation.

What is the new social security contribution rate for private sector workers?

• 18%

• 22%

• 15%

• 20%

How does the government plan to alter incentives for investment and job creation?

• By increasing taxes

• By reducing labor costs

• By increasing interest rates

• By reducing public spending

What role does the European Central Bank play in the country's economic adjustment?

• It replaces the need for economic reform

• It facilitates the adjustment process

• It controls the national budget

• It increases public spending

What is necessary for the European Central Bank's actions to be effective?

• Completion of national reforms

• Increased foreign investment

• Lower public debt

• Higher interest rates

Who is responsible for reforming the economy and consolidating public accounts?

• The International Monetary Fund

• The European Central Bank

• Private sector companies

• The national government