Brussels, 04/10/2013 (Agence Europe) - After an assessment of implementation of its reform programme by its lenders, Portugal was given the go-ahead on Thursday 3 October for the disbursement of a new batch of aid, some €5.6 billion, as part of the aid programme that began in 2011. The country's government was unable to convince the troika to reduce the deficit reduction target to 4% of GDP in 2015 and 4.5% in 2014. Portugal is expected to achieve the 4% target in 2014.
In a joint press...