Prime Minister António Costa said today that Portugal can face next year with "confidence and without fear," after Brussels decided not to submit a proposal for the suspension of EU funds and gave the 2017 Budget a green light.
Costa was speaking to journalists in Casablanca, having heard the European Commission had decided that due to the "effective action" carried out by Portugal’s government, the excessive deficit procedure should be suspended and the country should hit the budget deficit target of under 3% this year.