Excessive deficit procedure
Excessive Deficit Procedure:revision of the 1st notification of 2011
23 April 2011
According to EU regulations, in 22nd April, Statistics Portugal sent out to Eurostat a revision of the first notification of 2011 of the Excessive Deficit Procedure (EDP). This revision determined an increase of the net borrowing and of the gross debt of General Government, respectively, of 0.5 and 0.6 percentage points of GDP comparing with the figures for 2010 of the initial notification. The table presented below summarizes the main results for the period 2007 to 2010.