{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Eurogroup president says Portugal\u0026#39;s compliance with terms of bailout has earned goodwill of creditors' data-url='/boclips/videos/5c54c550d8eafeecae16f462' data-video-url='/boclips/videos/5c54c550d8eafeecae16f462' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nEurogroup president says Portugal\u0026#39;s compliance with terms of bailout has earned goodwill of creditors\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Mid of Jeroen Dijsselbloem, Eurogroup President and Dutch Finance Minister (left) meeting with  Portuguese Prime Minister Pedro Passos Coelho (right)2. Wide of meeting3. Close of Dijsselbloem4. Zoom out of Passos Coelho  5....\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Mid of Jeroen Dijsselbloem, Eurogroup President and Dutch Finance Minister (left) meeting with  Portuguese Prime Minister Pedro Passos Coelho (right)\u003cbr/\u003e2. Wide of meeting\u003cbr/\u003e3. Close of Dijsselbloem\u003cbr/\u003e4. Zoom out of Passos Coelho  \u003cbr/\u003e5. Dijsselbloem arriving for news conference\u003cbr/\u003e6. Wide of news conference\u003cbr/\u003e7. SOUNDBITE (English) Jeroen Dijsselbloem, Eurogroup President and Dutch Finance Minister: \u003cbr/\u003e\"In the Eurogroup there is a great appreciation for the way Portugal takes on these challenges, knowing how hard it is, knowing that the economy is showing more problems than we anticipated, so that is a basis for our appreciation. And on that basis we will allow Portugal more time on the base of the 7th review.\"\u003cbr/\u003e8. Cutaway of photographers\u003cbr/\u003e9. Wide of news conference\u003cbr/\u003e10. SOUNDBITE (English) Jeroen Dijsselbloem, Eurogroup President and Dutch Finance Minister:  \u003cbr/\u003e\"The targets will be adjusted, another year will be given to the Portuguese government in the programme, and now the Portuguese government is fully committed to work on that basis with European partners, and the European partners are fully committed to support Portugal where and when necessary.\"\u003cbr/\u003e11. Mid of cameramen\u003cbr/\u003e12. SOUNDBITE (English) Vitor Gaspar, Portuguese Finance Minister: \u003cbr/\u003e\"We cannot exclude that our further flexibility will be used in the future but obviously if, only if, circumstances so make it necessary. In terms of policy efforts it's up to us in Portugal to stick to our side of the deal and provide the structural adjustment that we have agreed to deliver.\"\u003cbr/\u003e13. Cutaway of photographer\u003cbr/\u003e14. Zoom in to Dijsselbloem and Gaspar shaking hands\u003cbr/\u003eA senior European official said Portugal's compliance with the terms of its 78 (b) billion euro (101 (b) billion US dollar) bailout has earned it the goodwill of its international creditors who remain committed to nursing the ailing eurozone country back to health.\u003cbr/\u003eJeroen Dijsselbloem, the Dutch finance minister who also chairs the meetings of finance ministers from the 17 European Union countries using the euro, said on Monday that Portugal's eurozone partners would consider a further easing of its deficit targets if it proves necessary.\u003cbr/\u003e\"In the Eurogroup there is a great appreciation for the way Portugal takes on these challenges,\" Dijsselbloem said.\u003cbr/\u003e\"The targets will be adjusted, another year will be given to the Portuguese government in the programme, and now the Portuguese government is fully committed to work on that basis with European partners, and the European partners are fully committed to support Portugal where and when necessary,\" he added.\u003cbr/\u003eDijsselbloem met with Portuguese political leaders during a trip to Lisbon, including Finance Minister Vitor Gaspar who said debt-reducing austerity measures have been \"very costly.\"\u003cbr/\u003eUnemployment has climbed to 17.7 percent amid a steep recession, and Portugal has struggled to meet deficit goals stipulated as part of the bailout.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' 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