Portugal: a rise in the public debt

27^th February 2012

According to data published on 20th February by the Bank of Portugal the country's public debt totalled 183 billion euros at the end of 2011 ie 107.2% of the Portuguese GDP which represents a rise of 13.7% over one year. This figure is in line with the IMF's forecasts. These results come just as the representatives of the country's creditors, the EU, the European Central Bank and the IMF are on a mission in Portugal and are due to publish their conclusions next week.

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