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“Portugal’s economy is trustworthy” says European Commissioner Pierre Moscovici

The European Commissioner for Economic Affairs has now decided that Portugal is a huge economic success story and needs to be held up as an example to others.

Pierre Moscovici now predicts that Portugal’s deficit will be 1.8% this year and that economic growth “will probably be above 2.5%” as he completed a one day visit to Lisbon to meet politicians and say encouraging things to the press.


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