Stabilisers?, I used to have a pair of those on my first bike….

  • Sees Portugal bailout programme staying on track, but risks of not meeting goals significant (oh dear)
  • Sees Portugal GDP down -3.2% in 2012, down -0.9% in 2013, unchanged from its May forecast
  • Calls for more labour reform effort in Portugal, warns on rising credit strains
  • Says Portugal bond spreads still too high, pose challenge to regaining full market access

Report hardly makes one feel all warm and fuzzy

:(