Portugal Faces Immense Task in Reducing Budget Deficit

"Portugal’s sovereign debt rating was downgraded two notches by Standard & Poor’s Tuesday. S&P said “Fiscal and economic structural weaknesses in our view leave the Republic of Portugal in a comparably weak position to address the significant deterioration in its public finances and expected lackluster economic growth prospects over the medium term.” In this context we are pleased to provide a complimentary download of the Economist Intelligence Unit’s latest Country Report for Portugal."