Portugal : Third Post-Program Discussions-Press Release; Staff Report; and Statement by the Executive Director for Portugal

Third Post-Program Discussions-Press Release; Staff Report; and Statement by the Executive Director for Portugal

Portugal : Third Post-Program Discussions-Press Release; Staff Report; and Statement by the Executive Director for Portugal
Highly accommodative macroeconomic conditions have generated only modest growth in the presence of remaining structural impediments. In 2015, low interest rates, a weak euro, and low oil prices remained largely in place, allowing growth to reach 1.5 percent. However, the consumption-driven recovery is losing momentum as the savings rate reaches... READ MORE...

Publication date: April 2016
ISBN 9781513541747
$18.00

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