Public Finances

Retaining current levels of public service spending in Portugal will require citizens in the long term to pay 25% more taxes and retire later. This is because people are living longer according [...]

Tributes flooded in over the weekend after the death of respected economist Teodora Cardoso who dedicated her life to sustainable and responsible spending in Portugal’s public finances. The woman [...]

Portugal’s debt, which currently stands at 113.8% of GDP, saw the third largest fall in debt in the euro area after Spain and France. It fell 10.8 percentage points compared to the same period [...]

Portugal’s careful budget control is likely to result in the ratings agency Moody’s raising the country’s rating today according to analysts. Moody’s currently evaluates Portugal’s rating at Baa2 [...]

Around 80% in the reduction of Portugal’s deficit in 2022 was down to economic growth rather than actions by the government. Negócios reports that a reduction in interest rate costs was [...]