Correct: Portugal 2009 Deficit Revised From 9.3%, Not 8.0%

FRANKFURT (MNI) – Portugal’s 2009 deficit, reported this morning by
Eurostat at 9.4% of GDP, was revised up from the most recent previous
estimate of -9.3%, not 8.0% as Market News International reported
earlier.

The 8.0% deficit estimate was included in a set of forecasts
published by the European Commission last autumn, but the Portuguese
government had more recently revised up the estimate to 9.3%.

–Frankfurt newsroom +49 69 72 01 42; Email: jtreeck@marketnews.com

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