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Loading... Portugalby International Monetary Fund. African Dept.
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The three year Fund-supported program that expired at end-June 2014 succeededin stabilizing Portugal's economy and restoring access to sovereign debt markets. Following the deep downturn of 2011-12, the economy has expanded in six of the last seven quarters, albeit at a moderate pace. The cumulative fiscal consolidation over the past three years has been substantial, and the current account is now in surplus.Regained policy credibility and benign market conditions have facilitated the resumption of market access at declining yields.But private consumption is driving the recovery, while the nec No library descriptions found. |
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Google Books — Loading... GenresMelvil Decimal System (DDC)338.9469Social sciences Economics Production Economic Development And Growth Europe Iberian PeninsulaLC ClassificationRatingAverage: No ratings.Is this you?Become a LibraryThing Author. |