Indebtedness on the rise again. €722 bn, 367.2% of the Portuguese GDP

The Portuguese non-financial sector indebtedness is on the rise again, after a considerable fall in the month of June. The total of public debt reached €721.9 bn according to the data released this Wednesday by the Bank of Portugal (BdP). This represents 367.2% of the wealth created by the country. The report showed that “the … Continue reading Indebtedness on the rise again. €722 bn, 367.2% of the Portuguese GDP