Troika set for last evaluation

The troika will be back in town on Tuesday (April 22) ready to knuckle down for the final evaluation of Portugal’s performance under the adjustment programme.
Announcing the moneymen’s return for the 12th time in the last three years, finance minister Maria Luís Albuquerque revealed that the 11h evaluation has still to be approved by the International Monetary Fund and the European Commission.
An extraordinary meeting of the council of ministers was organised on Wednesday to consolidate budgetary measures for 2015.
This was expected to then be sent to the Troika partners to “formally close the 11th evaluation”, Albuquerque told journalists.
The finance minister also revealed this week that austerity measures required for 2015 came to €1.4 billion. That is €680 million less than the government originally planned for in December.