FX & CFD trading involves significant risk
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.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.