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Portugal's Economic Ills Deepen
Keywords:
Why Portugal is different from Greece in 2012-2013, and yet may find its debt unsustainable as the economy shrinks- the situation in 2012-2013
04/30/2010
Portugal is taking vigorous steps without social unrest, including spending cuts that will stabilize the deficit, labor reform, and increasing exports through trading links to Africa and Latin America. Portugal needs to borrow about 10 billion euros in 2012 and the ratings downgrade has hurt Portugal by raising rates on new borrowing to about 20%. The economy is expected to shrink by 3% in 2012.
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Idea of Euro Exit Finds Currency in Portugal
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Portugalâs President Calls for Early Elections
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Portugal Emerges From Recession
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After a Recession in Portugal, the Tiny Green Fruits of Success
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Portugal Unveils Toughest Austerity Budget Yet
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Portugal's public finances: The apology of Sócrates
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