Public debt

Portugal’s public debt reached its highest level since September, 2023 in March to €278.2Bn or 96.3% of GDP after a 0.4% monthly increase which meant 1Bn more on February. In like-for-like terms, [...]

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 Portuguese State’s current account public spending has not been as high as it is now since 1992. This is despite various governments having succeeded in reducing Portugal’s overall [...]

Portugal was the Eurozone country with the lowest deficit in the first quarter, with only five states registering a budget surplus, according to data published this Monday by Eurostat. Data from [...]

The Bank of Portugal’s warning that government spending plans could derail the country’s public finances seems to be correct if figures for Q1 public spending are anything to go by. Portugal [...]

The Institute of Public Policy, a think tank from Lisbon-based economics and business management university ISEG that studies State Budget proposals, is to relaunch Budget Watch. According to [...]

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 [...]

Just over 10 years ago Portugal’s credit ratings from the major ratings agencies stood at ‘junk’ status (non-investment) or high-risk investment grades. Stories abounded of angry Portuguese [...]

Portugal’s finances minister Fernando Medina has achieved the government’s long held aim of reducing Portugal’s public debt to below 100% currently standing at 98.7% for 2023. The debt has fallen [...]

Portugal’s Finance minister, Fernando Medina is to mount a special operation to bring Portugal’s public debt down to 100% of GDP before the elections. The health sector is one of the areas [...]