In a interview with the ‘Público’ daily paper, Mário Centeno acknowledged there could be a revision of the 2016 forecasts in October, adding that he was also open to altering the requalification system for state sector workers.

Mário Centeno noted that the ‘Brexit’ was one alteration that had to be considered as “structural in the effect on the Portuguese economy” because of its impact on the European Union and the “strong and direct relations” that Portugal has with the UK.

“The United Kingdom is our fourth largest customer for exports of our goods and is in the first or second place in the export of services so we are obviously paying close attention to this. We have monitored the impact of the Brexit on the Portuguese economy”, he said.