EU financial supremo Moscovici out with comments earlier 18 July
- economy has had positive evolution
- ratio of NPls at Portugese banks is declining
- GDP probably over 2.5% in 2017
Posting now for info.
Meanwhile EURUSD continues to impress at 1.1560, EURGBP advancing/underpinned at 0.8874 as GBPUSD fails into the now pivotal 1.3050 area.
Mosovici upbeat on Portugal
