portugal seeks easing of 2014 deficit goal
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Portugal seeks easing of 2014 deficit goal

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Emiratesvoice, emirates voice Portugal seeks easing of 2014 deficit goal

Arab Today

Portugal on Wednesday urged its international lenders to ease its 2014 budget deficit reduction target from 4 percent to 4.5 percent of GDP. During the latest review, \"the Portuguese government had argued for a 4.5 percent public deficit but the troika (EU, IMF and European Central Bank) had asked for 4 percent,\" Deputy Prime Minister Paulo Portas said. \"The government believes that the target it proposed remains more appropriate.\"

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