Dutch PM: positive towards Portugal's request for more time

THE HAGUE, March 7 Thu Mar 7, 2013 9:34am EST

Related Topics

THE HAGUE, March 7 (Reuters) - Dutch Prime Minister Mark Rutte said on Thursday he had a positive attitude towards Portugal's request for more time to reduce its budget deficit and repay the bailout loans it has received.

"The Netherlands is positive about the Portuguese request but of course it has to be discussed in more detail in the Ecofin and Eurogroup," Rutte told reporters after meeting his Portuguese counterpart, Pedro Passos Coelho, in The Hague.

Passos Coelho said that Portugal had asked the troika of the European Central Bank, the IMF and the European Commission for more time to reaching the deficit target and repay bailout loans but he declined to give a time frame.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.