![]() ![]() Portugal was forced to seek a €78bn bailout in 2011 and had to adopt harsh austerity measures which triggered mass protests and were partially struck down by the Constitutional Court.Ĭoelho's cente-right government stood the course, however, and replaced the rejected measures with other budget cuts, such as the closure of public schools and cuts to health care. With Portugal's borrowing costs falling sharply this year, Lisbon was encouraged by its European partners to seek a 'clean exit', as further loans would be subject to approval in national parliaments, notably the German Bundestag. This bodes well as Portugal exits its EU/IMF-supported programme," IMF chief Christine Lagarde said in a statement. ![]() The platform enables you to report employee misconducts and frauds in a. "The Portuguese authorities have established a strong track record of policy implementation to address the country's long-standing structural problems. Clean Exit is a tested solution to bring back ethics and integrity in the workforce. The other international lender involved in the bailout, the International Monetary Fund, also welcomed the announcement. Clean Exit is an ethics and behavior rating platform for working professionals to reduce misconduct and fraud Clean Exit is an ethics and behavior rating. Eurozone finance ministers meeting on Monday in Brussels are expected to endorse the decision, with EU's acting economics commissioner Siim Kallas saying that the commission "will support the Portuguese authorities and people in this sovereign choice". ![]()
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