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Europe Daily Bulletin No. 11488

12 February 2016
Contents Publication in full By article 14 / 30
ECONOMY - FINANCE / (ae) portugal
Draft 2016 budget may not be in line with Pact, says Eurogroup

Brussels, 11/02/2016 (Agence Europe) - The Eurogroup took the view that the draft 2016 budget of Portugal runs the risk of not complying with the rules of the Stability and Growth Pact, in a statement it adopted on Thursday 11 February.

We agree with the assessment of the European Commission. There still remains a risk of non-compliance (with the Pact)”, said the head of the Eurogroup, Jeroen Dijsselbloem. “We welcomed the commitment of the Portuguese authorities to prepare upfront...

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