Public debt climbs to €274.8Bn
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 [...]
Financial ‘airbag’ cut by €8Bn reducing Portugal’s debt
Portugal’s finance minister João Leão has reduced the treasury’s ‘airbag’ by €8.1Bn — the amount set aside to cover unpredictable shocks that may impact government spending or borrowing — in [...]
ECB holds almost 50% of Portugal’s debt
The European Central Bank’s decision to buy up increasing quantities of Portuguese sovereign bonds has resulted in the ECB now holding 46% of Portugal’s public debt. According to calculations [...]
Portugal in US$1.1Bn bond buyback
Portugal has purchased $1.1Bn of treasury bonds issued in US dollars in 2014 which were due to mature in 2024 and were in ‘circulation’ on the market. According to the Portuguese treasury and [...]
