ECOFIN - Economic and Financial Affairs Council : Eurogroup statement on Portugal
09/14/2012| 11:01am US/Eastern
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14 September 2012
Eurogroup statement on Portugal
The Eurogroup welcomes the conclusion of the Troika's
fifth review mission that the adjustment programme for
Portugal remains broadly on track. The Portuguese authorities
continue showing their strong commitment to the programme and
have made further progress in undertaking important fiscal
and structural reforms in line with the agreed policy
conditionality.
The economic adjustment is taking place faster than expected
through a rebalancing of the Portuguese economy from a
predominantly domestic demand to a more export
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