EU Commission confirms receipt of Portugal's 2016 draft budget on Friday, Jan 22nd - EU to provide update on budget in due time
Recent comments on Portugal budget:
- On Jan 15th Portugal PM Costa affirmed 2016 budget deficit to GDP target at 2.8%
- On Nov 26th New Portugal govt sworn in by President Silva and was warned not to stray from budget consolidation path agreed with the EU. Later the - EU Commission stated that it was in contact with Portugal govt on several levels and awaiting 2016 draft budget