Select a language
Portugal spent €1.5 billion on its own treasury bonds last month, writes i. The Lisbon daily explains this was to “promote secondary market liquidity”, through a special fund which clears public debt using money from privatisations. In the current year, €1.1 billion in public debts were sold to China, with a higher-than-market interest rate. “When trying to win over new clients, one offers better conditions”, a market analyst told i anonymously. Portugal’s public debt in 2010 totalled €151.7 billion, excluding the debt of local councils, the governments of Madeira and Azores and other state agencies.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
Go to the event >