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29.02.2012
Portugal has advanced considerably in the way of reform
Portugal has advanced considerably in the way of reform

Portugal deserved another batch of international aid. The group of inspectors so-called troika - the European Union, the ECB and the IMF - at the end of the visit to Lisbon, decided that Portugal has advanced considerably in the way of reform. The "troika" was of the view that the risks are still high. Economic forecasts for this year - the worst in 40 years: declining GDP may reach 3.3%, the budget deficit - 4.5%, if the Lisbon fail in such circumstances, to reduce it from its current 5.9% of GDP.

http://ru.euronews.net/2012/02/28/troika-gives-portugal-a-bailout-thumbs-up/

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