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Europe Daily Bulletin No. 10680

4 September 2012
ECONOMY - FINANCE - BUSINESS / (ae) portugal
Growing doubt about Portugal's ability to meeting deficit targets

Brussels, 03/09/2012 (Agence Europe) - On Saturday 1 September 2012, a group of independent experts working for the Portuguese parliament's public finance committee announced that Portugal will find it difficult to meet its deficit target for 2012, reports AFP. The experts say that the country's public deficit will stand at between 6.7% and 7.1% of GDP in the first six months of 2012, far behind the 4.5% target that the government has promised its international lenders to try to achieve. If...

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