Portugal passes fourth EU-IMF bailout review
Lisbon - AFP
Portugal has passed its fourth bailout review and will receive its next tranche of rescue loans from the European Union and International Monetary Fund, Finance Minister Vitor Gaspar said on Monday. "According to the evaluation made by international institutions, we are respecting our recovery programme," Gaspar said. Portugal last year received an EU-IMF package worth up to 78 billion euros ($97 billion) in return for a commitment to reform its economy.
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