Pessimism increases as public debt leaps by €1.6 billion “just in May”
Pessimism over the Portuguese economy has been amplified today following new figures from the Bank of Portugal showing public debt has increased by €1.6 billion just in May. Standing now
Public debt at 129% as “excessive deficit” (including Banif) reaches 4.4%
The endless preoccupation with percentage points in Portugal has seen statistics authority Eurostat revise public debt revised upwards today, to 129% and confirm that the country’s ‘excessive deficit’ for 2015
Portugal’s public debt up by €5.3 billion
“Forecasts failed”, writes Diário de Notícias this afternoon as the Bank of Portugal publishes what is called a “statistical note” showing Portugal’s public debt is now at €231.1 billion. That’s
Portugal’s public debt “skyrockets” under troika
As the nation’s politicians lock horns in the run-up to autumn elections, the “truth” is that austerity and the policies demanded by the troika have seen Portugal’s public debt “skyrocket”
Public debt woes: Too high (again!) – but beleaguered Bank of Portugal says otherwise
Portugal’s public debt stood at to 128.7% of GDP by the end of 2014. This is above the level set by the government in its 2015 state budget – but