Minister of Finance Joaquim Miranda Sarmento assured that Portugal currently complies with European Union budgetary rules. He stated that the country is not at risk of an excessive deficit procedure, provided that Parliament maintains fiscal responsibility.
Update: Finance Minister admits possibility of small budget deficit
During a parliamentary hearing, Miranda Sarmento acknowledged that Portugal might record a small budget deficit this year. He also reaffirmed the government's priority to pay bonuses to pensioners if fiscal space allows, maintaining the policy implemented over the last two years.
