Only four EU countries will slash deficit more than Portugal this year

in News, Business, Economy · 10-05-2021 09:50:00 · 0 Comments

There are only four countries in the European Union that will reduce their deficit more than Portugal this year.

This is the case of Spain, Luxembourg, Belgium and Croatia. The Portuguese government forecasts a reduction of the budget deficit between 2020 and 2021 by 1.2 percentage points, from 5.7 percent of GDP last year to 4.5 percent this year. This forecast is contained in the 2021-2025 Stability Programme.


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