The two darlings of the bailouts, Ireland and Portugal were heading for the exit doors, but while Ireland looks to sail into the sunset Portugal may find itself shipwrecked on the way out. Ireland is looking to exit without the … Continue reading
The first time since June the yield is below 6%. Portugal is well on the way to exiting the bailout program and are looking to tie up a precautionary credit line to help ease them back into the market. A … Continue reading
Portugal is doing what it needs to do Needs to deliver on its program and needs to rely on solidarity of European partners Portuguese banking system is more capitalised ECB member and governor of the Bank of Portugal, Carlos Costa … Continue reading
Speaking in parliament. They’ve been doing well in hitting targets recently so I’d have them in my darts team.
Just to keep some continuity to my earlier post, Portuguese CPI fell to 0.1% from 0.2% y/y while Irish headline CPI and HICP stayed put at 0.2% and 0.0% respectively.
Convinced Portugal has conditions to end aid plan Government committed to budget consolidation Evidence shows Q3 GDP will be positive Concluding reviews was an important target Yesterday Portugal got the thumbs up from the Troika review and have been in real … Continue reading
Gold star from the Troika but the bond market is still very worried about Portugal. Portugal says troika wants a 4% budget deficit target for 2014 Portugal has argued for a 4.5% deficit target