The economist who runs Portugal’s public debt management agency IGCP, Cristina Casalinho, says that Portugal is “prepared to face an increase in interest rates”. The interest on Portuguese [...]
The Portuguese government entity which monitors public sector spending, the Tribunal de Contas, has issued a warning about “the high level of Portugal’s public debt”. The TdC says that it is [...]
Portugal now has just €66.2Bn of public debt to trade at negative interest rates in the market, around 42% of the State’s total debt. However, this amount had been greater: just six weeks ago it [...]
The total debt burden per citizen/municipality in Portugal stood at €624 or 55.2% of total income in 2020 according to an index. 20 Portuguese municipal councils exceeded the limit of total debt [...]
Portugal’s treasury and debt management agency IGCP sold €1Bn in 10-year treasury bonds on Wednesday at low interest rates not seen before the pandemic, despite political and government [...]
Portugal’s public debt is continuing to gradually go down for the third consecutive month and was down to €271.5Bn by the end of September. This is according to the latest figures from the Bank [...]
Never in recorded history has Portugal’s total non-financial sector debt reached such dizzying heights as it did by June this year — €762.4Bn. This is according to data from the Bank of Portugal [...]
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’s public debt, according to Brussels and the Bank of Portugal, rose €2.1Bn to May to €274Bn. In April, the State’s debt had fallen €2.5Bn after hitting a record high in March while the [...]