Portugal : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Portugal

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

September 15, 2017

Electronic Access:

Link to Table of Contents

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Summary:

Portugal has made notable progress over the past year in reducing uncertainty over near-term risks. Strong efforts to contain spending and meet last year’s headline fiscal deficit allowed Portugal to exit the Excessive Deficit Procedure, while stability and confidence in the banking system have improved following successful efforts to raise capital. Improved market sentiment regarding Portugal’s near-term prospects has contributed to a sharp narrowing in sovereign debt spreads since mid-March.

Series:

Country Report No. 17/278

English

Publication Date:

September 15, 2017

ISBN/ISSN:

9781484319338/1934-7685

Stock No:

1PRTEA2017002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

64

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