News Headline Summary

Portuguese finance minister says country passed review by lenders, qualifies for next bailout tranche

- Lenders concluded that the country is making progress despite European economic difficulties.
- Reaffirms forecast for GDP to contract 3% in 2012.
- Maintains 2013 GDP contraction forecast at 1.0%.

Update details:

- The country is now set to receive 6th aid tranche.

Print 18:33, 19 Nov 2012 - Economic commentary - Source: Newswires