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When will interest rate cuts happen? | João Pinto

Thursday, May 16, 2024 - 10:11
Jornal de Negócios

"According to the Bank of Portugal, the indebtedness ratio of the Portuguese economy stood at €803.1 billion in 2023 (€449.3 billion for businesses and households and €353.8 billion for public administrations and state-owned enterprises), which represented 301.3% of GDP. Despite decreasing to €800.4 billion in February, the debt stock of the Portuguese economy remains one of the highest in the eurozone, alongside economies such as Italy and Spain."

Read here (only available in Portuguese) the most recent opinion article by João Pinto, Dean of Católica Porto Business School, published in Deans' Corner, in Jornal de Negócios.

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