4th year-on-year rise
According to data from the Bank of Portugal (BdP), public debt from the Maastricht perspective – which counts for Brussels – increased by around €3.6 billion to €274.3 billion in January compared to December.
The development “mainly reflected the increase in debt securities (€3.1 billion), mostly long term, and savings certificates (€0.4 billion)”, the country’s central bank explained. This was the second consecutive increase in public debt, after it had also risen to €270.6 billion in December.
In year-on-year terms, the debt increased by 1.8% compared to January 2024, in what was the fourth rise in a row.
