quarta-feira, maio 18, 2005

Italy and Portugal blow to eurozone

"The 12-country eurozone was yesterday hit by revelations that the economic performance of Italy and Portugal, two of its weakest members, is far worse than feared.

Portuguese government officials expect a panel headed by Vitor Constâncio, governor of the central bank, to report a deficit of 6-7 per cent of gross domestic product this year. The centre-left government is pursuing policies that will take four years to bring the country's budget deficit below the EU's 3 per cent of GDP limit." [Financial Times]

Somos capa do Financial Times, mas pelas piores razões...