Memo: Statement by the European Commission, ECB and IMF on the eighth and ninth review mission to Portugal

Author (Corporate)
Series Title
Series Details MEMO/13/850 (03.10.13)
Publication Date 03/10/2013
Content Type ,

Staff teams from the European Commission, European Central Bank and International Monetary Fund visited Lisbon between 16
September - 3 October 2013 for the combined eighth and ninth quarterly reviews of Portugal’s economic adjustment programme.

Subsequently, thousands of Portuguese lined up in front of Congress in Lisbon on the 1 November 2013 to protest Portugal's draft 2014 national budget. In a first reading in the parliament legislators from the ruling centre-right coalition backed Prime Minister Pedro Passos Coelho's draft budget bill for 2014, saying there was no alternative to harsh spending cuts. A final vote on the budget was expected on the 26 November 2013.

Source Link Link to Main Source http://europa.eu/rapid/press-release_MEMO-13-850_en.htm
Related Links
ESO: Background information: Statement by the EC, ECB and IMF on the Seventh Review Mission to Portugal http://www.europeansources.info/record/memo-statement-by-the-ec-ecb-and-imf-on-the-seventh-review-mission-to-portugal/
ESO: Background information: Portugal's economic progress under review http://www.europeansources.info/record/portugals-economic-progress-under-review/
Diário Económico, 24.10.13: Lisbon won't escape the troika (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/results/archiv_article/ARTICLE132337-Lisbon-won-t-escape-the-troika
Expresso, 22.10.13: Austerity budget promotes state reform debate (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/results/archiv_article/ARTICLE132123-Austerity-budget-promotes-state-reform-debate
Euro!Topics: Tag: Portugal http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/?likearticle=132337®ion=302
El País, 01.11.13: Portuguese hit the streets against new austerity budget http://elpais.com/elpais/2013/11/01/inenglish/1383338209_648910.html
Deutsche Welle, 01.11.13: Portugal lawmakers signal approval of 2014 austerity budget http://dw.de/p/1AAMf
Euronews, 15.10.13: Portugal government set to debate draft 2014 budget with more austerity measures ahead http://www.euronews.com/2013/10/15/portugal-government-set-to-debate-draft-2014-budget-with-more-austerity-/
Euronews, 01.11.13: Portugal: thousands protests as government votes through new austerity budget http://www.euronews.com/2013/11/01/portugal-thousands-protests-as-government-votes-through-new-austerity-budget/
Diário Económico, 14.11.13: IMF expects extra dose of austerity for 2015 (via PressEurop) http://www.presseurop.eu/en/content/news-brief/4318551-imf-expects-extra-dose-austerity-2015

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