Blow for Portugal as state deficit widens

Portugal’s state deficit widened in the first 10 months of 2010, according to government figures issued on the 23 November 2010, showing that austerity measures designed to ease financial market concerns have so far had little impact on public spending.

ESO: Background information: Spain and Portugal reject talk of bail-outs http://www.europeansources.info/record/spain-and-portugal-reject-talk-of-bail-outs/

Público, 25.11.10: Portugal’s lost generation (via PressEurop) http://www.presseurop.eu/en/content/article/405121-portugal-s-lost-generation

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