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Portugal faces rising debt‑interest costs and a state deficit over €7 billion

Portugal's debt‑interest bill may increase to €9.4 billion annually by 2030, while the government expects over €776 million in interest costs next year and the state deficit exceeds €7 billion.

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  1. Portugal's state deficit is reported to be above 7 billion euros.

    One source
    What the source said
    Noticiário Antena 114h OE começam as negociaçoes amanhã
    “o Estado, nesta altura, está com um déficit superior a 7 mil milhões de euros.”

    Machine translation: The State, at this moment, has a deficit exceeding 7 billion euros.

    Listen from 3:03
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  2. Portugal's government forecasts debt‑interest costs of more than 776 million euros for the next year.

    One source
    What the source said
    A História do Dia (Observador)Prepare-se: Soaram os alarmes nos mercados da dívida
    “quando entregou à Assembleia da República o quadro das políticas invariantes vimos que já se prevê que os custos com os juros da dívida no próximo ano em Portugal são mais de 776 milhões de euros que vão custar ao Estado”

    Machine translation: when it delivered to the Assembly of the Republic the framework of invariant policies we saw that it is already forecast that the costs with the debt interest next year in Portugal are more than 776 million euros that will cost the State

    Listen from 13:09
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  3. Portugal's debt interest bill could rise from €6.3 billion to €9.4 billion per year by 2030, according to the CFP.

    One source
    What the source said
    Jornal de Negócios
    “a fatura com juros vai agravar-se até 2030, de 6,3 mil milhões para 9,4 mil milhões de euros por ano”

    Machine translation: the interest bill will worsen by 2030, from 6.3 billion to 9.4 billion euros per year

    Embora Portugal tenha um dos "spreads" mais baixos da Zona Euro, a fatura com juros vai agravar-se até 2030, de 6,3 mil milhões para 9,4 mil milhões de euros por ano. Corrida global ao financiamento, condições mais agravadas e maiores défices explicam. Aviso é deixado pelo CFP.

    Read at Jornal de Negócios
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