• Vital that economy starts growing during bailout implementation
  • Portugal’s financial system has critical role in securing success of the bailout programme
  • Need to restablish normal conditions for market access by Portuguese banks
  • Banks have to adapt capital ratios in order to absorb unexpected shocks, with out creating systemic risk
  • Deleveraging unavoidable for Portuguese banks
  • Fiancial system is solid and has trust of its clients