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Europe Daily Bulletin No. 8543

17 September 2003
GENERAL NEWS / (eu) eu/emu
Portugal confirms its resolve to reduce public deficit

Brussels, 16/09/2003 (Agence Europe) - "We are going to maintain Portugal's budgetary policy orientation", Portuguese Prime Minister José Manuel Durao Barroso said on Tuesday. He thus confirmed Lisbon's commitment to keep to the Stability Pact. "It is not because some countries do not keep to their commitments (Ed. France and Germany) that we should not respect them either", he added. Portugal foresees a public deficit of 2.94% of GDP this year. If the figure is confirmed in the official...

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