The Bank of Portugal on Tuesday slashed its forecast for growth in the nation's economy next year, saying the outlook was marked by "high uncertainty" because of the government's political crisis. In its latest Economic Bulletin, the Portuguese central bank cut its 2014 growth forecast to just 0.3% from a previous estimate of 1.1%. For 2013, the central bank said the economy would contract by 2.0%, a slight upward revision from -2.3% previously. The forecasts "are surrounded by particularly high uncertainty" because of the recent internal developments, "which add to the demands" imposed by the country's bailout ... (full story)