Latest news and stories about debt in Portugal for expats and residents.
Marta Moitinho Oliveira argues that recent experiences of debtors facing excessive monthly payments necessitate stricter regulations to protect future borrowers from repeating past financial errors.
Soraia Franco Leite from Deco Proteste clarifies that the moratorium is a suspension of payment rather than debt forgiveness. She emphasizes the need for caution in applying the government's exceptional measures following the disaster, which have raised questions about moratoriums and tax obligations. Official clarifications are necessary, particularly concerning insurance activation and housing recovery support.
The higher indebtedness of the public sector was mainly due to the increase in public administration deposits with the Treasury and private investments in savings and Treasury certificates.
In the same vein, US 10-year debt interest rates were falling to 5.216%.
The reduction in non-financial sector debt (public administration, companies and individuals) decreased by 5.9 billion euros, to 887.6 billion euros, with the greatest impact in the public sector.
The cost of borrowing for Portugal reached its highest levels during a debt auction worth 1.6 billion euros.
Portuguese debt interest rates have reached their highest levels in nearly a decade. Optimize CEO Pedro Lino says that Portugal should pay attention to these figures, even though urgent action is not required.
The court forced the bank to take on companies that are worth zero. Afterwards, the institution tried to sell them and found a buyer, but the deal fell through.
Rui Costa has been added to the Bank of Portugal's list of defaulters following a failure to repay outstanding loans.
Benfica president Rui Costa has reportedly been added to the Bank of Portugal’s Central Credit Register (CRC) – commonly referred to in Portugal as the banking system’s “blacklist” – following The post Benfica president Rui Costa ‘blacklisted’ by Bank of Portugal over €20 million loan default appeared first on Portugal Resident.
According to preliminary information from Kyiv, a new major attack by Russia is imminent. Furthermore, Rui Costa is now on the Bank of Portugal's blacklist.
Recent data from the Bank of Portugal reveals a record surge in consumer credit, with families increasingly relying on loans for daily expenses. With rising interest rates and high levels of existing debt, experts warn that this trend is unsustainable and urges households to reassess their financial habits to avoid a potential crisis.
About 20,000 “strategic” debtors are responsible for 63% of the lost amount.
Second part of ‘Investigação CM’, from May 31, 2026.
The Portuguese government is seeking to raise funds through a 20-year bond issuance, with an initial yield set at 3.94%.
The Bank of Portugal (BdP) recommends that customers contact their banks as the deadline for loan moratoriums approaches.
The yields on Portuguese government bonds have increased across the two, five, and 10-year maturities.
In the same vein, five-year interest rates rose to 2.921%, compared to 2.883%.
In February, private sector debt grew by 2.3 billion euros, with individual debt rising by 900 million euros.
In the initial petition filed on March 13th at the Lisbon Civil Court, in which Azul demands the payment of 188.9 million euros from TAP (a value resulting from a bond loan granted in 2016), the company founded by David Neeleman argues that TAP SGPS was always a vehicle for TAP...
