SAO PAULO - Brazil Finance Minister Fernando Haddad canceled a trip to Europe this week, the ministry said in a statement on Sunday, amid pressure from market participants for the government to present spending-cut measures that had been promised.
Government officials have said they would present the measures at some point after last weekend's municipal elections, but they did not give a deadline. Haddad had been expected to visit Europe from Nov. 4-9, although his specific schedule had not been confirmed by the government.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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