Portuguese growth off target

Article reports that Portugal’s economic growth in the final quarter of 2009 was revised downwards in March 2010, calling into question government targets announced on 8 March 2010 as part of a sweeping austerity plan to cut the budget deficit.

ESO: Background information: Portugal sets out plan to tackle deficit http://www.europeansources.info/record/portugal-sets-out-plan-to-tackle-deficit/

Portugal: Statistics Portugal: Press Release, 11.3.10: Gross Domestic Product diminished 2.7% in the year 2009 and 1.0% in the 4th Quarter 2009 http://www.ine.pt/xportal/xmain?xpid=INE&xpgid=ine_destaques&DESTAQUESdest_boui=79564410&DESTAQUESmodo=2

Portugal: Statistics Portugal http://www.ine.pt/xportal/xmain?xpid=INE&xpgid=ine_main

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