European Commission Vice President Valdis Dombrovskis: Portugal will breach the Stability and Growth Pact

Market news

20 April 2016

European Commission Vice President Valdis Dombrovskis: Portugal will breach the Stability and Growth Pact

European Commission Vice President Valdis Dombrovskis said on Tuesday that Portugal would breach the Stability and Growth Pact.

"The Commission considers that the government's plans are at risk of non-compliance with the provisions of the Stability and Growth Pact," he said.

The Portuguese government plans to reduce its budget deficit to 2.2% of GDP this year from 4.4% in 2015.

United Kingdom: ILO Unemployment Rate, February 5.1% (forecast 5.1%)

Japan's trade surplus widens to ¥755 billion in March

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.