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Europe Daily Bulletin No. 10250

5 November 2010
Contents Publication in full By article 15 / 46
GENERAL NEWS / (eu) eu/economy
Portugal's budget aims for 2011 are on track

Brussels, 04/11/2010 (Agence Europe) - Congratulating Portugal for voting through its 2011 budget in parliament on 3 November 2010, a spokesperson for EU Economic and Monetary Affairs Commissioner Olli Rehn said on Thursday 4 November that the aim to cut the deficit from 7.3% to 4.6% of GDP was “appropriate” but the consolidation would have to make a considerable impact in years to come. Although recognising the negative impact on the country's economy of consolidating the budget in...

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