Expatica news

Portugal’s ballooning public debt sails through the €250 billion barrier

pawnThe total value of Portugal’s public debt increased this August and, for the first time, the total exceeds €250 billion, according to the Bank of Portugal.

The Portuguese State, underwritten by the nation’s taxpayers, owes €250.38 billion to international investors and banks.


© algarvedailynews.com

The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.