HALISTER1: Eurasia Says Outlook for Brazil Pension Reform Unchanged

Eurasia Says Outlook for Brazil Pension Reform Unchanged

(Bloomberg) -- Exclusion of state and municipal employees from proposal to reform pension system should ease the passage of bill through Congress, Eurasia comments in report.
  • While the concession will remove some important hurdles in congress, the government will have to compensate with a harder stance on the other core elements of the overhaul
  • Development does not significantly change Eurasia’s view that “a fairly robust reform” has 70% chance of being approved
  • NOTE from March 21: Brazil Pension Reform to Include Only Fed. Govt Employees: Temer; Link to story

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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