PRESS DIGEST - Portugal - Aug 27

LISBON, Aug 27 (Reuters) - Following are some of the main stories in Portuguese newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

* Government has to speed up budget consolidation to reach deficit target below 3 pct of GDP (Diario Economico)

* Pulp and paper producer Portucel's CEO says hopes to overtake rival Renova in two-three years (Diario Economico)

* Ruling coalition's accounts of public subventions show they expect to beat rival Socialists in October elections, aiming for 45 pct (Jornal de Negocios)

* Millennium bcp shares rise as Poland backs down on mortgage loans foreign exchange conversion plans (Jornal de Negocios)

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