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Portugal’s 2008 Article IV Consultation highlights that Portugal’s financial system remains sound and well supervised …. Portugal has accumulated substantial macroeconomic imbalances, and the policy challenge is to smooth the adjustment, containing …
Persistent link: https://www.econbiz.de/10014403109
Important progress can be seen in the economic and policy environment in Portugal, but challenges remain. Firm …
Persistent link: https://www.econbiz.de/10014404766
This 2009 Article IV Consultation highlights that the global economic crisis has severely affected the Portuguese economy. Output will likely contract by almost 3 percent in 2009, driven by sharp falls in exports and investment. Despite a substantial rise in unemployment to nearly 10 percent,...
Persistent link: https://www.econbiz.de/10014406617
The staff report for the 2005 Article IV Consultation on Portugal highlights economic developments and outlook. Private … conditions to restart Portugal’s per capita income convergence toward the euro area average as soon as possible …
Persistent link: https://www.econbiz.de/10014406755
Portugal’s economic adjustment has continued, but the contraction in output has been milder than expected. The 2012 …
Persistent link: https://www.econbiz.de/10014397126
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
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
This 2007 Article IV Consultation highlights that a modest recovery is finally under way in Portugal. Growth rose to 1 … strengthen to about 1.8 percent in 2007 and 2008. Portugal’s financial system remains sound and well supervised, and appears to …
Persistent link: https://www.econbiz.de/10014405193
EXECUTIVE SUMMARY Portugal’s practices meet most of the principles of the revised Fiscal Transparency Code at good or … of these have a low probability of crystallizing, are reminders of the still fragile status of Portugal’s public finances …
Persistent link: https://www.econbiz.de/10014411700