Bloomberg News

Portugal Says It Needs More Measures to Meet 2011 Deficit Target

September 30, 2011

Sept. 30 (Bloomberg) -- The Portuguese government will need more measures to meet this year’s budget deficit target, said Luis Morais Sarmento, the secretary of state for the budget.

The government is confident it will meet the targets, he said in parliament today. Portugal aims to trim the deficit to 5.9 percent of gross domestic product in 2011.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Anabela Reis at areis1@bloomberg.net


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