TITLE

Country Intelligence: Report: Portugal

PUB. DATE
April 2012
SOURCE
Portugal Country Monitor;Apr2012, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the economic forecast for Portugal from 2011 to 2016. It states that gross domestic product (GDP) has drop on an annual basis and the recession will likely accelerate in 2012. It says that the country will likely ask for a second bailout, in which private bondholders may be asked to participate in a debt restructuring processes. It adds that unemployment is expected to continue increasing due to weak economic outlook.
ACCESSION #
74250854

 

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