February 22, 2011

ECB, EU Visit Portugal Under Measures Agreed on Debt Crisis

European Central Bank and European Commission officials are visiting Portugal as part of measures agreed earlier this month to fight the debt crisis.

The visit is in accordance with a Feb. 4 statement by the heads of state and government of the euro area and European Union institutions, said an official at Portugal’s Finance Ministry in Lisbon, declining to provide further information.

European leaders said in the statement they had agreed steps including “assessment by the commission, in liaison with the ECB, of progress made in euro area member states in the implementation of measures taken to strengthen fiscal positions and growth prospects.”