Portugal’s statistics body has said that it hopes to hit it;s budget deficit target of 5.5% of GDP for 2013, down from 6.4% in 2012. They forecast 5.5% earlier on this year and they look to be close to meeting that target.
They have been set a troika target of 4% for 2014, but have been arguing for a target of 4-4.5%.
Fair play to the guys if they do hit their target. Take a leaf everybody else
