login
login
Image header Agence Europe
Europe Daily Bulletin No. 10678
ECONOMY - FINANCE - BUSINESS / (ae) portugal

Upward review of 2012 budgetary deficit level?

Brussels, 30/08/2012 (Agence Europe) - The troika (ECB, European Commission and IMF), which arrived in Portugal on Tuesday, may review the budgetary deficit target for 2012 upward, from 4.5% of GDP to 5.3% of GDP, the daily Diario Economico reported on Thursday 30 August. According to the daily, which does not cite its sources, it was the government itself which told EU and IMF inspectors of that trend. The country's creditor mission is to last around two weeks and will determine whether a...