Portuguese public debt reaches 226.276 billion euros in first quarter

26 May 2015

Portugal’s public debt rose to 226.276 billion euros at the end of the first quarter of this year, or 130.3 percent of gross domestic product (GDP), according to figures released recently by the Bank of Portugal in Lisbon.

The figures from the central bank showed that public debt calculated in accordance with EU standards rose from 225.280 billion euros in December 2014 to 226.276 billion euros at the end of March 2015, i.e. an increase of almost 1 billion euros.

Excluding government deposits, debt also rose in the first quarter of this year to 209.248 million euros, having ended 2014 at 208.128 billion euros. (macauhub/PT)

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