Portugal Finance Minister Centeno on Bad-Debt Burden

The transcript discusses Portugal's fiscal strategy, focusing on achieving fiscal deficit targets without additional austerity measures. It highlights the importance of public administration reforms and economic integration within Europe. The banking sector's challenges, including non-performing loans and the need for bank capitalization, are also addressed, with specific reference to Keisha and Novo Banco.

What are the expected outcomes of the national reform program mentioned?

What challenges are associated with the capitalization process of the banking system?