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Published on Friday, February 27, 2015 | Updated on Friday, February 27, 2015

Portugal: The recovery is progressing faster than forecast

The recovery gained traction in 4Q14, more than expected and our MICA-BBVA model is, for the moment, estimating 1Q15 growth of 0.4%. In the forecast horizon, we expect 1.5% growth in 2015 and 1.8% in 2016

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