MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • The hidden cost of artificial intimacy

  • Disappointing October accounts for the fifth consecutive month in the ‘red’

  • Lawmaker urges ‘seamless’ border crossings as Hengqin traffic surges

  • Gastronomy decade offers lessons for other cities, tourism chief says

  • CE praises elderly workers as a symbol of Macau’s vitality 

  • Skid resistance to improve on roads following motorcycle crash

World
Home›World›The Buzz | USD2.8 billion bank rescue hurts Portuguese budget deficit

The Buzz | USD2.8 billion bank rescue hurts Portuguese budget deficit

By -
Friday, March 25, 2016
130
0

Rescuing a bank has proved costly for Portugal’s efforts to balance its books, with the National Statistics Institute estimating the country’s 2015 budget deficit at 4.4 percent — way above the 2.7 percent target.
The statistics agency says that without the government’s 2.5 billion euros (USD2.8 billion) cash injection into Banco Internacional do Funchal SA, the deficit would have been 3 percent.
Portuguese authorities have been striving to reduce the deficit, which exceeded 10 percent in 2010 — the year before the debt-heavy country needed a 78 billion-euro bailout.
The current government is aiming for a deficit of 2.2 percent this year, though at the same time it has vowed to ease up on austerity measures.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Tagsthe buzz
Previous Article

This Thailand tycoon’s private palace is a ...

Next Article

Officials: US killed senior Islamic State leader

Related articles More from author

  • World

    The Buzz | Ratings agency Fitch cuts Italy’s government debt grade

    Thursday, April 30, 2020
    By -
  • World

    The Buzz | Zimbabwe investigates mysterious deaths of 11 elephants

    Monday, August 31, 2020
    By -
  • World

    The Buzz | Hong Kong increases social distancing measures

    Tuesday, July 14, 2020
    By -
  • Asia-PacificBuzz

    Myanmar’s Supreme Court agrees to hear appeal of Suu Kyi’s bribery conviction

    Wednesday, June 7, 2023
    By -
  • World

    The Buzz | Iran state TV says ‘rioters’ shot and killed amid protests

    Wednesday, December 4, 2019
    By -
  • World

    The Buzz | Europe looks to remold internet with new copyright rules

    Tuesday, April 16, 2019
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • World

    Offbeat | Altar in Mexico town hides illegal fuel tap

  • Opinion

    China Daily | Flexible fiscal policy will help adapt to market changes

  • Drive InExtra Times

    In ‘Spider-Man: Brand New Day,’ a lonely superhero grows up and looks inward

DAILY EDITION

Monday, November 2, 2026 – edition no. 5066
Monday, November 2, 2026 – edition no. 5066

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Tuesday, November 3, 2026

    The hidden cost of artificial intimacy

  • Monday, November 2, 2026

    Disappointing October accounts for the fifth consecutive month in the ‘red’

  • Monday, November 2, 2026

    Lawmaker urges ‘seamless’ border crossings as Hengqin traffic surges

  • Monday, November 2, 2026

    Gastronomy decade offers lessons for other cities, tourism chief says

  • Monday, November 2, 2026

    CE praises elderly workers as a symbol of Macau’s vitality 

  • Monday, November 2, 2026

    Skid resistance to improve on roads following motorcycle crash

  • Monday, November 2, 2026

    Binance and billionaire founder Zhao victims of largest cryptocurrency heist

  • Monday, November 2, 2026

    Natural stupidity

  • Monday, November 2, 2026

    Committee backs tougher penalties for collusion in social housing tenders

  • Monday, November 2, 2026

    IAM completes 120-hectare hill forest restoration

Extra Times

Extra TimesHeadlinesTaste of Edesia

A Symphony of Heritage: Reviving the Imperial Feast at Chai Jia Chai

In the heart of modern dining, where fusion often threatens to overshadow tradition, an evening at Chai Jia Chai stands as a resolute testament to the enduring majesty of Chinese ...
  • Nickelback is in familiar form on cameo-heavy album

    By MDT/AP
    Friday, October 30, 2026
  • TUMI Debuts “Gifts for the Journey” Holiday Edit

    By -
    Friday, October 30, 2026
  • Toast to the Tropics: The Macallan “Coconut Dreams” Dinner

    By -
    Friday, October 23, 2026
  • ‘Clayface’ arrives as a pretty good R-rated revenge thriller-horror romance

    By MDT/AP
    Friday, October 23, 2026
  • Recent

  • Popular

  • The hidden cost of artificial intimacy

    By Jorge Costa Oliveira
    Tuesday, November 3, 2026
  • Disappointing October accounts for the fifth consecutive month in the ‘red’

    By Renato Marques, MDT
    Monday, November 2, 2026
  • Lawmaker urges ‘seamless’ border crossings as Hengqin traffic surges

    By Nadia Shaw, MDT
    Monday, November 2, 2026
  • Gastronomy decade offers lessons for other cities, tourism chief says

    By Renato Marques, MDT
    Monday, November 2, 2026
  • CE praises elderly workers as a symbol of Macau’s vitality 

    By Yuki Lei, MDT
    Monday, November 2, 2026
  • Skid resistance to improve on roads following motorcycle crash

    By MDT/AP
    Monday, November 2, 2026
  • Binance and billionaire founder Zhao victims of largest cryptocurrency heist

    By -
    Monday, November 2, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d