"The upturn is gaining ground, but this is no time for complacency or speeches of self-congratulation,” said the European Commissioner for Economic Affairs Olli Rehn, adding that Portugal has experienced a strong contribution to economic growth from its rising exports, but insisting on the need still to pursue the hard path of austerity and reforms.
Olli Rehn was speaking at the presentation of the 'Euro Plus Monitor 2013' report in Brussels, and argued that we are watching a "rebalancing of the economy of the eurozone, with an increase in confidence and in domestic demand, and with exports contributing strongly to growth."