Portugal's ratio is expected to rise to 85% this year. This is because the belt-tightening is bound to hurt Portugal's already pathetic GDP growth trend.
Poor Greece and Portugal. They are damned if they do, damned if they don't. The same goes for Spain, Ireland and Italy. The heavy debt loads at all five of these disparagingly nicknamed "PIIGS" nations are now dragging the euro to seven-month lows against the dollar.
(a imprensa económica internacional desde ontem que arrasa Portugal. Estamos atrelados à Grécia, sem margem para dúvida)