Portugal makes steady progress says EU/IMF

2012-06-04 5

The EU and IMF have given Portugal flying colours after their fourth quarterly review of the country's 78 billion-euro bailout.

The finance ministry said considerable external and internal risks remained but that all targets had been hit, and that reaching a 4.5 percent GDP budget deficit this year was achievable, although 2013's debt-to-GDP ratio will rise slightly, to 118 percent.
http://www.euronews.net/