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Troika returns to Portugal on January 27

In less than two weeks, troika lenders will be back in Portugal for the first of this year’s bi-annual evaluations of the country, post its adjustment programme.

As news sources have explained, these visits will continue until Portugal has repaid 75% of the 79 billion euro bailout conceded in 2011.

Top of the agenda this time round will be the controversial banking ‘resolutions’ of Banif and Novo Banco.

Also under scrutiny will be the policies being pushed through Portugal’s new Socialist government – many of them reversing the troika-led policies of austerity adopted by the last government.

natasha.donn@algarveresident.com