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EXECUTIVE SUMMARY Discussions for the combined eighth and ninth reviews were delayed by a political crisis and marked by new adverse Constitutional Court rulings. Reflecting in part austerity and reform fatigue, tensions within the ruling coalition led to two prominent cabinet members tendering...
Persistent link: https://www.econbiz.de/10014394521
Portugal's program implementation is on track despite difficult economic conditions and significant legal challenges …
Persistent link: https://www.econbiz.de/10014395148
Mounting funding pressures has tipped Portugal into an acute economic crisis in 2011. The roots of the crisis could be … traced to Portugal’s failure to adapt to the rigors of monetary union. With economic institutions, policies, and incentives … ill-adapted to the opportunities, Portugal’s external stability risks also rose gradually. However, the current account …
Persistent link: https://www.econbiz.de/10014395410
Portugal’s economy is in deep recession, and the crisis has opened up a large output gap, with severe consequences for …
Persistent link: https://www.econbiz.de/10014395411
September 11, 2012, with the officials of Portugal on economic developments and policies. Based on information available at the …
Persistent link: https://www.econbiz.de/10014395587
This Selected Issues paper reviews inflation in Portugal, recent trends, drivers and risks. While below average euro … spiral under current circumstances. Inflation in Portugal is determined by similar factors as in other advanced economies (AE …) countries. Inflation in Portugal and other AEs is projected to decline gradually in 2023 and 2024. Simulations to analyze the …
Persistent link: https://www.econbiz.de/10015059323
This 2023 Article IV Consultation with Portugal discusses that the economy sustained its dynamic recovery from the …
Persistent link: https://www.econbiz.de/10015059324
This Selected Issues paper on Portugal focuses on how could the coronavirus disease 2019 pandemic affect firm …
Persistent link: https://www.econbiz.de/10015060302
This 2022 Article IV Consultation presents that after a deeper pandemic-induced recession than the rest of the euro area in 2020, the Portuguese economy gained ground in 2021, and growth strengthened further in 2022:Q1. Policies need to balance short-term urgencies with a smooth transition to...
Persistent link: https://www.econbiz.de/10015060303
unemployment. A broad-based recovery in sentiment has led to a decline in yields, allowing Portugal to issue a 5-year bond on … the Constitutional Court struck down an important pension measure contained in the 2014 budget. Portugal continues to … corporate indebtedness will continue to act as a brake on both consumption and investment. Portugal’s public debt and external …
Persistent link: https://www.econbiz.de/10014411142