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News Link • Economy - International

Portugal PM planning new tax measures

• Reuters

Portugal still faced tough austerity measures to ensure it met the terms of a 78 billion euro ($101 billion) bailout from the European Union and IMF last year, Passos Coelho said.

"As long as Portugal maintains its level of fulfillment, we know that we will have the support of our external partners. If we do not, we put at risk our fulfillment, and these guarantee mechanisms will cease to exist," he said in televised remarks.


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