Surplus

Portugal’s government has issued good news over State and public finances regarding the surplus from 2025 details of which will be issued formally tomorrow. (The budget balance) will be far above [...]

Portugal’s Prime Minister, Luís Montenegro has warned that the government may have to dip into the red this year because of payouts resulting from the January storms and the indirect costs of the [...]

Portugal’s public spending watchdog, the Council for Public Finances (CFP) has warned that calculations for the country’s budget surplus don’t add up and has called on the government to show more [...]

The Portuguese State posted a surplus of €2Bn to August, an improvement of €1.4Bn on the same period January to August 2024. “Public Administrations (PA) recorded, until August 2025, an overall [...]

Despite warnings that Portugal risks returning to running an annual budget deficit, its Minister of Finances, Joaquim Miranda Sarmento, has two options to ensure that the government makes a [...]

Portugal’s Minister of the Economy and Territorial Cohesion, Manuel Castro Almeida, has admitted that the government’s target for growth of over 2% in 2025 might be difficult because of the 15% [...]

The former boss of the UK’s Lloyds Bank, Sir Antonio Horta Osório says that any government surplus should be used to stimulate Portugal’s economy. The celebrity banker, in an interview with the [...]

The International Monetary Fund (IMF) painted a more rosy picture than the government’s for Portugal’s economic performance this year, predicting an 0.5% surplus with continuing modest surpluses [...]