Monday, April 8, 2013

Eurozone suspending all decisions relating to Portugal


Lead by the Constitutional Court (TC) of various standards of the State Budget (OE) of 2013 brought the eurozone to suspend all decisions regarding the financial assistance program for Portugal, including the extension of the repayment terms of European loans and disbursement the next tranche of aid.



Given the uncertainty caused by this situation which compromises the targets for deficit reduction undertaken by the Government in exchange for foreign aid, the troika of international lenders (European Commission, European Central Bank and International Monetary Fund) will return to Lisbon next week, found the public in Brussels.

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