The 12th and final review of the Troika has been completed, but it is not all over as the IMF, European Commission and European Central Bank that make up the Troika again have insisted on deep and durable changes in Portugal which represent a "break with the past."
The Troika statement was mirrored by an address by Paulo Portas, the deputy prime minister, at a press conference this afternoon and noted that the economy is making a stronger recovery than anticipated, Portugal’s access to international funding markets has improved "markedly," and structural reforms demanded by lenders have been implemented.