Coelho Sees Portuguese Economic Recovery in 2013, Economico Says

Portugal’s economy will start recovering from recession in 2013, Diario Economico reported, citing a speech by Prime Minister Pedro Passos Coelho on Sunday.

Next year will be the year of economic recovery and the reversal of the economic trajectory will take place at the end of 2012, Passos Coelho said in a speech to his party, according to the Portuguese newspaper.

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