Infographics | Pandemic brought deficit ghost

The road was on its way, but the pandemic brought a tsnunami to public accounts. After a budgetary surplus last year - earlier than expected by the Government - the deficit-to-GDP ratio is expected to reach the highest percentage since 2014, the year BES resolved. For 2021, the Government already estimates the budget deficit to be 4,3% of GDP, an improvement of 3 pp of GDP compared to 2020.


OE2021: 'Implementation times' of 'IVAucher' will be subject to specific assessment

'IVAucher' is one of the solutions designed by the Government to stimulate consumption in three of the sectors with significant declines in activity as a result of the covid-19 pandemic, and it is estimated that the total VAT paid by consumers in expenditure on hotels, restaurants and cultural activities carried out in one quarter, be slaughtered in consumption carried out in the same sectors in the following quarter.

IMF: “Support measures are essential to ensure medium-term growth” in Europe

Director of the European Department of the IMF defended that European countries "must do whatever is necessary to contain the pandemic", but also that countries should have plans for the medium term. He recalled the importance of policies in supporting companies' liquidity, as well as ensuring that insolvent but viable companies can remain active.

Future of water, business advocacy, Portuguese wines and much more: discover the JE Specials in November

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