Analysts Say Brazil’s Economic Measures May Not be Enough

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – As Brazilian President Dilma Rousseff and her economic team try to convince Brazil’s Congress to approve unpopular austerity measures to try to halt the economy from further disintegration, international financial analysts say that these actions may not be enough to bring the country’s economy back to a growth path.

Earlier this week the government announced measures which would not only do away with the estimated R$30 billion deficit next year but would also insure the R$34 billion primary surplus target.

“Past form suggests there is good . . .

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