Costa reacted to the EC’s economic forecast on Twitter

  • ECO News
  • 9 November 2018

The Prime Minister, used his Twitter account to react to the forecast issued yesterday by the European Commission. The EC was less optimism about the Portuguese economy's growth than the government.

“European Commission Forecast vs. Reality”. That is the caption on the data table the Prime Minister of Portugal attached to his Tweet.

He argues that the forecasts from the European Commission have been, in certain cases, unreliable. The Autumn Economic Forecast was released this Thursday, and it anticipated the Portuguese deficit shall decrease to 0.6% next year, highly contrasting with the Portuguese governments’ estimates of 0.2%.

However, the Portuguese leader seems to disagree and highlighted in his Tweet that Brussels’ estimates, haven’t always been that accurate.