Brussels, 24/08/2011 (Agence Europe) - Portugal's institutional creditors say that the country's economic adjustment programme, implemented by the government in return for financial aid of €78 billion, is “on track”. This positive assessment, announced after the first fact-finding mission in Lisbon on 1-12 August, paves the way for the payment in September of the first batch of aid (€11.5bn, 3.9bn of which from the International Monetary Fund).
The European Commission, European...