The International Monetary Fund adds the need to strengthen the banks and companies in the eurozone as well as the implementation of Union Bank and implementation of structural reforms envisaged to improve economic competitiveness and “reducing unemployment”.
The directions left by the IMF in this document released Tuesday are due to the downward revision of growth in the eurozone, which is expected to be 0.8% this year and only 1.2% in 2015.
Portugal should also present a lower growth than expected (1% instead of 1.2%, as had been announced in July) but still continues with a forecast of above average growth in the number of countries Monetary Union.
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