The Medical Device Market: Portugal - New Study Released
Portugal remains one of the least developed countries within Western Europe. Additionally, an income gap remains between Portugal and richer OECD countries. BMI forecasts real GDP contraction in 2013, following contractions in 2012 and 2011. BMI believes that the country's aggressive fiscal consolidation drive as part of its EUR78.0bn (US$108.3bn) IMF/EU bailout package will keep domestic demand under significant pressure in the coming years. Weaker-than-expected growth will undermine the government's revenue-raising ability. Although the government is likely to implement further...
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