News In Brief

Ticker

Germany's Merkel praises Portuguese austerity

12.11.12 @ 09:23

  1. By EUOBSERVER

Angela Merkel has said that Portugal is meeting the conditions in its debt reduction plan. “Portugal is meeting the commitments it has taken on very well”, she told Portuguese television on Sunday. Portugal, which got a €78 billion bailout in 2011, expects a 3% economic contraction in 2012.

COMMENTS

EUobserver encourages comments that contribute to an intelligent debate. It reserves the right to delete comments which it deems abusive or which incite hatred. For questions about any aspect of community participation, please write to mm@euobserver.com.

View comments