Portugal’s fiscal policy has failed to durably reduce the deficit below the Stability and Growth Pact threshold of 3 … describes fiscal developments in Portugal over the past years and explores why earlier attempts of fiscal consolidation have …. The new consolidation strategy is not relying on one-off measures in a context where Portugal has been granted more time …

This note provides a succinct overview of long-run developments regarding public finances in Portugal with an emphasis … on the spending side. Issues addressed are, for instance, the excessive deficit experiences of Portugal, the past … experience with fiscal consolidations, and labour cost competitiveness. Public spending control has been a problem in Portugal …

We assess the drivers of fiscal sustainability in Portugal during the period 1999Q4-2021Q4. We resort to expanding … the debt-to-GDP ratio. Our results show the prevalence of a Ricardian fiscal regime in Portugal. If the (i-g) differential … financial assistance program to Portugal, between 2011Q2 and 2014Q2. …