German Finance Minister Wolfgang Schaeuble said he has “great trust” in Portugal’s ability to meet “necessary reform targets,” Welt am Sonntag reported.
Portugal will return to a “path to growth,” the newspaper cited the minister as saying in an e-mailed preview of an article to be published tomorrow. Portugal is on track to receiving its next rescue payment of about 15 billion euros ($20 billion) in April, Welt am Sonntag cited a report by the European Central Bank, European Commission and International Monetary Fund as saying.
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