5-July-2023
English
5-April-2023
English
This project is carried out with funding by the European Union via the Technical Support Instrument and in cooperation with the European Commission Directorate General for Structural Reform Support (DG REFORM).
17-November-2020
English
21-December-2018
English
21-December-2018
English
17-October-2012
English
Low growth and huge current account deficits have characterised the Portuguese economy over the past decade.
25-May-2011
English
3-February-2011
English, , 347kb
Europe has been beset by an interrelated banking crisis and sovereign debt crisis. Bond spreads faced by Greece and Ireland, and to a lesser extent Portugal followed by Spain, have increased. This paper explores these issues from the perspective of financial markets, focusing mainly on the four countries in the frontline of these pressures: Greece and Portugal, on the one hand, where the problems are primarily fiscal in nature; and