Portugal’s public debt increased €1.2Bn in May, reaching a new record of €280.4Bn because of the ‘bazooka’ loan from the European Commission. The €600 million loan granted in May on the back of [...]
Portugal’s total debt, meaning both public and private sectors, but excluding the banking system, rose to €782.5Bn in March – an increase of €5.1Bn on February, according to data published [...]
The Portuguese government has been under fire from opposition parties for working on continuing to reduce the public deficit in 2022 when companies and families are having to face the knock-on [...]
Portugal’s total economic debt – State, companies and personal — has soared to a massive €777.4Bn, up €3.4Bn according to statistics published by the Bank of Portugal on Thursday. Total [...]
Portugal’s public debt as measured by the Maastricht debt criteria which deems that a country’s debt should not exceed 60% of its GDP, rose €2.8Bn to €274.8Bn in February according to data from [...]
Portugal’s total debt, meaning that of citizens, companies and the State, increased by €16.9Bn in 2021 to €768.1Bn. However, the burden on Portugal’s economy fell to 363.3% of GDP according to [...]