The troika should recognise the efforts made by Portugal to rebalance its finances and adjust the country’s bailout conditions.

Trigo Pereira, Paulo (2013) The troika should recognise the efforts made by Portugal to rebalance its finances and adjust the country’s bailout conditions. LSE European Politics and Policy (EUROPP) blog (07 Mar 2013). Blog Entry.

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Abstract

In May 2011 Portugal negotiated an IMF-EU bailout package of 78 billion euros, designed to help the country stabilise its finances. In return Portugal agreed to implement a number of reforms, with a target to reduce its budget deficit to 2.5 per cent by 2014. Paulo Trigo Pereira assesses the country’s progress over the last two years, and suggests some new measures to aid the recovery. He argues that the troika should consider decreasing the interest rates and extending maturity dates on its loans to Portugal.

Item Type:	Online resource (Blog Entry)
Official URL:	http://blogs.lse.ac.uk/europpblog/
Additional Information:	© 2013 The Author(s)
Divisions:	LSE
Subjects:	H Social Sciences > HB Economic Theory J Political Science > JN Political institutions (Europe)
Date Deposited:	10 May 2013 08:39
Last Modified:	14 Sep 2024 03:54
URI:	http://eprints.lse.ac.uk/id/eprint/50186

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