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Portugal’s Economic Outlook Improves but Growth Challenges Remain—IMF

Page created: Monday, 21 April 2014 16:52 GMT

Thematic
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Economic Outlook  GDP  IMF

Portugal’s economic outlook has sharply improved, but the country faces challenges to make growth sustainable, including still high production costs that hurt competitiveness and massive private-sector debt that is putting too much strain on banks, the International Monetary Fund said Monday.