Por­tu­gal cuts deficit af­ter aus­ter­ity pack­age

Kathimerini English - - Focus -

Por­tu­gal’s cen­tral gov­ern­ment deficit nar­rowed in the five months through May from a year ear­lier as tax rev­enues in­creased and spend­ing fell with the im­ple­men­ta­tion of aus­ter­ity mea­sures. The deficit, which in­cludes “au­ton­o­mous funds and ser­vices” such as the na­tional health sys­tem, fell to 1.03 bil­lion eu­ros ($1.47 bil-

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