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Portugal’s deficit, currently at 1.1%, of GDP, could fall to 0% by the end of the year. The Ministry of Finance has yet to confirm or deny that it will review budget deficit target for 2018 on 15 [...]

Portugal has set an objective to reduce its public debt to 102% of GDP by 2022. On Friday the Minister of Finance, Mário Centeno, who is also President of the Eurogroup of EU finance ministers, [...]

Portugal’s Minister of Finance Mário Centeno has stated that Government capital injections into the country’s ailing Novo Banco will not impact public finances