In September 2013, Banco de Portugal decided to deepen its assessment of the criteria used to calculate impairments for a set of Portuguese and foreign economic groups, for whom the capacity to recover credit granted depended on their medium-term business plans creating sufficient cashflow for debt repayment.
Joining ERM II will serve as an additional stimulus for all the relevant state institutions to expend maximum effort to ascertain that Latvia fully meets all the requirements in the shortest time possible and thus maintains its credibility in the eyes of both the local population and foreigners.