The European Commission believes that while Portugal’s macroeconomic imbalances continue to be seen, they are “decreasing” and could disappear in 2024 if this trend continues, warning, however, of a “strong increase” in house prices.
“Portugal continues to register imbalances. Vulnerabilities associated with high levels of private, public and external debt are decreasing, but they are still present,” the community leader points out in a message published this Wednesday as part of the European Semester Spring Pack.
However, despite persistent macroeconomic imbalances, Portugal is in a group of countries, along with Germany, Spain and France, where “vulnerabilities are declining” in such a way that “if these trends continue next year, [isso] would justify the decision on the absence of disproportions,” the head of the community believes.
Author: Portuguese
Source: CM Jornal
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