read more from portugal daily view
"The forecasts released Tuesday by the Portuguese central bank are the gloomiest to date and predict a worrying contraction for the Portuguese economy: 2012 should register a 3.1% contraction from the 2.2% forecast just three months ago. The scenario is described in the Bank of Portugal’s winter bulletin released today as ”an unprecedented contraction of the Portuguese economic activity“, brought on by austerity measures and the growing uncertainty surrounding the crisis in the eurozone."
No comments:
Post a Comment