Government promises to complete 2016 with deficit of 2.7%

Still working on the crucial 2016 budget, Portugal’s new government is said to be banking that its policies of giving people more disposable income will lead to a 2.1% growth in the economy, which will see the country’s “excessive” public deficit come down to 2.7%. The nation’s tabloid stresses however that the government’s ‘figures’ are still unknown. The budget has to be ready for EC scrutiny by mid-January.