![]() "Investors accept Portugal's risk and that is very positive." "The fact that Portugal doesn't need a precautionary program is another vote of confidence by European partners," said Felipe Silva, head of debt at Banco Carregosa. The country passed the last review by creditors of its economy under the bailout last week, putting it on track to exit the plan without needing further help. Read More Investors jittery about global economy : Here's why ![]() But economic activity turned positive again last year and bond yields have fallen sharply this year, boosting optimism that Portugal would be able to exit the bailout and return to financing itself in bond markets. Portugal's economy suffered its worst downturn since the 1970s under its bailout. "This bodes well as Portugal exits its EU/IMF-supported program." "The Portuguese authorities have established a strong track record of policy implementation to address the country's long-standing structural problems," IMF Managing Director Christine Lagarde said in a statement. Read More Sell in May and go away: Is it true? The government's biggest challenge has come from the country's supreme court, which has shot down a number of austerity measures demanded by the bailout. That cost it some support but the government's popularity has stabilized since the economy started to recover in the middle of last year. The centre-right government has stuck to the bailout plan and met targets to cut the country's budget deficit. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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