14Jul

Portuguese already lose money from time deposits

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Time deposits interest rates are continuing to fall and are already insufficient to offset the rate of inflation. Banks continue to cut the interest on time deposits. In May, the average interest rate on new applications reached 0.69% for Portuguese families, while the rate offered to companies fell to 0.42%. Gross that nonetheless are already […]
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08Jul

As the Greek crisis threatens Portugal

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There are at least six contagion channels to bring turmoil to the national economy. Public debt, which is more protected, is only one. But there are others and some are Achilles heels State coffers are full and there is money to live until the end of the year without going to the market. To face […]
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