Abebe Aemro Selassie, the head of the International Monetary Fund's aid mission to Portugal, said in an interview to Bloomberg that the Portuguese economy will not copy the Greek scenario as it will not need to writedown debt owed to private-sector bondholders, while he expects a return back to bond markets late next year, yet he said this will not be easy.

He mentioned that Portugal is on the right towards meeting its aid package terms as it is currently adopting strong austerity measures.