Debt to GDP

Portugal is one of only three countries in the Euro Zone expecting surpluses at the end of this year according to Brussels. However, when it comes to growth, it is further down the ranking and [...]

The government net surplus achieved by the outgoing minister of Finance, Fernando Medina in 2023 was 1.2% of GDP according to the National Statistics Institute. (INE) Portugal’s public debt has [...]

Total debt for the non-financial sector, meaning the public sector, companies and private individuals, fell to 806.6Bn in July, a reduction of 0.4Bn on June according to data from the Bank of [...]

The ratings agency DBRS has raised the rating on Portugal’s national debt to ‘A Stable Outlook’ for the second time in the space of a year. The agency did so because Portugal’s [...]

The total debt of the Portuguese economy — families, private companies and the public sector, minus the financial sector — has risen by €10Bn since the start of the year. And it rose again in [...]

Portugal’s Minister of Finance may have a major headache on his hands over controversies at Lisbon City Council and over airline TAP, but Fernando Medina does have reasons to be cheerful when it [...]