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11 Mar 24
Negotiations and more elections likely after repeat of Spanish polls
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20 Nov 23
Economy is strong with forecast GDP growth of 2% a year.
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13 Oct 23
Two European countries will put surplus revenues into wealth funds, hoping to make current windfalls and fiscal discipline contribute to future sustainability.
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4 Nov 21
Portugal faces a snap election after the country’s parliament failed to approve the government’s 2022 budget proposals.
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16 Sep 21
The EU’s oversight of the five countries it gave financial support to in the wake of the 2008 global financial crisis “needs streamlining” according to the bloc’s fiscal watchdog.
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27 Apr 21
Portugal has become the first European Union member to officially submit its final Covid-19 recovery plan to Brussels, as the bloc’s pandemic rescue fund inches closer to fruition.
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25 Nov 20
The European Investment bank has approved an €890m loan towards the development of a high-speed rail line from Madrid to the Portuguese border.
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17 Dec 19
The draft Portuguese budget projects the first fiscal surplus since the country’s transition to democracy 45 years ago.
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22 Mar 19
Portugal needs to reform its pensions system to address the challenges of an ageing population and shrinking workforce.
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18 Feb 19
Portugal should use its economic recovery to “shore up its public finances” and build stronger resilience to future shocks, the OECD has urged.
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14 Dec 18
The Portuguese government has approved a €500m plan to expand the metro systems in the cities of Lisbon and Porto, which is set to start next year.
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16 Oct 18
Portugal and the UK have some of the weakest public finances in the world, according to the IMF’s biannual fiscal monitor, based on analysis of balance sheets for the first time.
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8 May 18
Portugal should invest more in adult learning to boost growth and social well-being, the OECD has said.
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20 Apr 18
The African Development Bank has launched an integrated strategy for economic progress in the continent’s Portuguese-speaking countries.
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28 Nov 17
Portugal’s parliament has approved the 2018 budget that seeks to trim the deficit, six weeks after it was first presented to lawmakers.
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29 Jul 16
The International Monetary Fund underestimated the risks of the eurozone debt crisis and overrode its own procedures to make unsustainable loans, a key report published today has concluded.
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27 Jul 16
The European Commission has called for fines mooted against Spain and Portugal for excessive deficits to be cancelled and new fiscal goals to be set.
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26 Jan 16
The European Commission's response to the financial crisis of the late 2000s was "generally weak", with measures not applied consistently and lacking in thorough scrutiny, auditors have said.
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15 Dec 15
Portugal’s foreign aid budget is dwindling and action is needed to stop it declining further, an OECD review has found.
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27 May 15
A round-up of recent public finance stories from Europe you might have missed.
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20 May 15
Three European Union member states – France, Germany and Portugal – have yet to adopt global audit standards, according to a survey by the Federation of European Accountants (FEE).
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19 May 15
A round-up of recent public finance stories from Europe you might have missed.
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19 May 15
Portugal has completed the demanding economic reforms required as part of its eurozone bailout and the country is beginning to see the benefits of the programme, the Organisation for Economic Co-...