Hooooray!!!

  • We met all targets under review
  • Portugal to get 4.1 bln euros from IMF, EU
  • GDP to increase 0.2% in 2013
  • Achieving 4.5%/GDP deficit goal in 2012 is doable
  • There are risks, especially from unemployment pressuring social security accounts
  • It’s crucial to guarantee rigorous budget execution
  • 2013 debt estimate raised to 118%/GDP
  • There’s growing investor confidence in Portugal that shows in lower yields