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The ruling PSD government was surprised with the International Monetary Fund report acknowledging errors in Greece’s bailout, reports Diário Económico.
Although it has not officially admitted it, the government believes the document will provide Portugal with more leeway in future negotiations with the IMF-EU-ECB troika, writes the economic daily.
Prime Minister Pedro Passos Coelho last month announced he may be forced to ask the troika for a further relaxation of deficit targets for 2014, during the trio’s next economic review of Portugal in July.
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