Portugal Passes Latest Bailout Test

Country has stuck with its agreed program of austerity measures, featuring pay cuts and tax hikes, and broad economic reforms

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  • Portugal passes latest bailout review by troika
    Portugal has passed the latest review of its continuing fiscal consolidation and economic reforms, putting it on track to meet the terms of its €78 billion ($104.5 billion) bailout program, the country’s Finance Minister Vitor Gaspar said Tuesday after ...
    12/30/2014 - 7:00 pm | View Link
  • Portugal passes bailout review, expects to meet 2013 target
    Portugal's international lenders have approved the country's progress in the latest review of its bailout, pushing the euro zone member closer to a smooth exit from the lending programme in mid-2014. Portugal emerged from its deepest downturn since the ...
    12/17/2013 - 1:39 am | View Link
  • Portugal passes latest eurozone bailout test
    Representatives from the International Monetary Fund, the European Commission and the European Central Bank have approved Portugal's economic progress. A programme of cuts and reforms was promised by Portugal's leaders in return for its May 2011 bailout.
    10/3/2013 - 9:54 am | View Link
  • Portugal passes bailout test, gets more funding
    LISBON, Portugal (AP) — Portugal has passed the latest test of its compliance with the terms of its bailout and qualified for around 5.5 billion euros ($7.5 billion) in further funding from creditors, officials said Thursday. However, the creditors who ...
    10/3/2013 - 9:19 am | View Link
  • Portugal passes latest bailout test
    BEIJING, June 5 (Xinhuanet) -- Portugal’s Finance Minister, Vitor Gaspar, calls the assessment of the country’s bailout programme by EU and IMF inspectors "positive," securing another instalment of four billion euros. Gaspar says Portugal has passed ...
    06/4/2012 - 1:00 pm | View Link
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