Natixis assesses Portugal’s debt troubles in Investment Europe

In a guest commentary for Investment Europe, Jesus Castillo – Southern Europe Economist at Natixis – reviews the nature of Portuguese debt to better evaluate the options for recovery. Through his calculations, he shows that the frequently suggested ‘restructuring’ strategy isn’t necessarily the optimal method to stabilise the debt ratio. In fact, there are three other options – perhaps offering a more feasible chance of success – that Portugal should consider.

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