French Finance Minister Michel Sapin has said today (July 11) that “Portugal does not deserve to be punished with sanctions” for having failed to meet its deficit targets for 2015.
“Portugal has made monstrous efforts in these last years. It does not deserve excessive discipline,” Sapin told journalists during a press conference in Paris before leaving for an ECOFIN meeting in Brussels.
“One cannot say Portugal hasn’t made all the appropriate efforts,” he added.
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Source: Portugal Resident