Press Release: Statement by the Eurogroup: Portugal

Author (Corporate)
Series Title
Series Details (16.11.10)
Publication Date 16/11/2010
Content Type

The Eurogroup, the European Commission and the ECB welcome the recent confirmation by the Portuguese government of its commitment to ensure a reduction of the public deficit to 4.6% of GDP in 2011, and the draft budget proposal recently released. The rigorous implementation of this deficit reduction plan will ensure the stabilisation of the public debt ratio as planned.

Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/117744.pdf
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