- 3d ago
Lagarde says France must solve its debt problem at home as 10-year rate nears 5%
Speaking in Bangkok on Wednesday, 14 October, Christine Lagarde said France must first address its bond market pressure through its budget, cooling talk of an ECB rescue while the 2027 budget faces an uncertain adoption.
- Oct 7
Banco de Portugal lifts 2026 GDP growth forecast to 2.3% as housing deficit persists
The Banco de Portugal upgraded its 2026 economic growth forecast to 2.3% from 1.8%, while Governor Álvaro Santos Pereira highlighted a national shortage of 300,000 homes.
- Oct 1
Portuguese unemployment benefits fell from 70% to 64% of wages over a decade, central bank finds
A Banco de Portugal report shows benefit updates tied to the Social Support Index lagged salary growth between 2015 and 2025, even as the monthly average payout reached 700 euros.
- Jul 3
Bank of Portugal tightens household credit rules, lowering debt-service limit to 45% from August
The Bank of Portugal will lower the maximum debt-service-to-income ratio for new housing and consumer loans to 45% starting August 1, citing rising household indebtedness and a surge in housing prices.
