Week of May 4

BRAZIL POLITICS - Report 04 May 2015 by Murillo de Aragão and Cristiano Noronha
This week, the House tries to vote on its first fiscal austerity measure: MP 655, which deals with unemployment insurance and salary bonuses. In the Senate, Finance Minister Joaquim Levy speaks about the crisis and the long term expectations for the country. The IBGE will release April inflation figures on Friday. Main events in May The month of May will be crucial for the fiscal austerity measures. The House and Senate will have to vote on MPs 664 (sick leave/pensions) and 665 (salary bonuses/unemployment insurance). The two will expire on June 2. Thus, they need to reach the Senate by May...

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