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Excessive Deficit Procedure (1st Notification for 2020)
Excessive deficit procedure
1st notification
Excessive Deficit Procedure (1st Notification for 2020) 1st notification - 2020
25 March 2020

Summary

According to EU regulations, Statistics Portugal presents the first notification for 2020 associated with the Excessive Deficit Procedure (EDP) to be sent to Eurostat before the end of the month. According to these provisional results, the net lending of General Government (GG) in 2019 amounted to € 403.9 million, corresponding to 0.2% of GDP (-0.4% in 2018). Gross debt of GG attained 117.7% of GDP in 2019.


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