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Portugal says efforts to balance budget, cut debt constrained by storm damage

LISBON/BRUSSELS, Feb 16 (Reuters) – Portugal will do all it can to keep the budget balanced and reduce public debt, but its efforts are likely to be constrained by the economic impact of devastating storms, Finance Minister Joaquim Miranda Sarmento said on Monday.
Estimating the damage to homes, factories and infrastructure from the storms will take some weeks, Miranda Sarmento told reporters as he arrived at a Eurogroup meeting in Brussels.
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