But it does not mean that you have to make decisions now. Portugal is starting to regain market access. Q – Still with 5.1% for ten-year bonds. A – Yes, but it is regaining access. Interest rates have been gradually decreasing and are now at 4.8 % for ten-year government bonds. Q – These are very high rates. A – I agree.
We have seen very significant developments, but this is still not a satisfactory rate for Portugal. Q – Looking at the interest rates, a precautionary programme would probably be better for Portugal. A – Not necessarily. The markets put a high value on the very tough policies that have been implemented. We have seen impressive results that have exceeded expectations.