Edition 1493
22 September 2018
Edition: 1493

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Portugal debt rises to all-time high

by TPN/Lusa, in News · 03-07-2018 07:59:00 · 0 Comments

Portuguese public sector debt under the Maastricht calculation, calculated according to the definition used in the Excessive Deficit Procedure, rose to an all-time high of €250.3 billion in May, the Bank of Portugal said.

Portugal debt rises to all-time high

 

Following loans takeen out in April, the debt reflects an increase of €0.3 billion, including liabilities in cash instruments and deposits, debt securities and loans, according to the Bank of Portugal's Statistical Bulletin, released on Monday.

 

In the document, the BdP noted the decrease of assets in general government deposits by €1.1 billion, and an increase of €1.4 billion in net public debt deposits compared to the previous month, totalling €226.3 billion.

 

The maximum of €250.313 billion registered in May, beat the previous high of €250.296 billion in public debt registered in August 2017.

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Edition 1493
22 September 2018
Edition: 1493

Read this week's issue online exactly as it appears in print.

Twitter

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