FocusEconomics Blog Portugal

Blog posts tagged by tag: Portugal

  • Set to breach targets again? Debt and deficit outlooks for Southern European Eurozone countries in 2016 & 2017

    After dragging Greece kicking and screaming through a never-ending vicious cycle of fiscal adjustment and output decline, the European Commission seems to be softening in its attitude towards other struggling Eurozone economies. France, Italy, Portugal and Spain, among others, have all repeatedly been given extensions to reduce their debt and deficit levels after recurrent breaches of EU targets have gone unpunished, and the trend looks set to continue as our forecasts show that those economies will underperform again this year and next. Does this mark a shift in mindset within the Commission as to whether the Growth and Stability Pact is fit for purpose? Or rather just tactical maneuvering—or indeed resigned acceptance—in tough political times, as the EU faces unprecedented challenges to its legitimacy and survival?

    Click to Continue

    Tags: France, Infographic, Italy, Portugal, Spain

Top Posts

Featured Posts

Twitter @FocusEconomics

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Search form

Cookies Policy: We use third-party cookies to improve our services by analyzing your browsing habits.
By continuing to use this website you are giving consent to cookies being used. For more information on cookies and how you can disable them, see our "Cookies Policy". Close