The payment arrears of public entities in Portugal rose to 706.1 million euros by July. This value represents the accumulated total of pending payments beyond the established deadline.
The July summary was unable to calculate the year-on-year variation, meaning the comparison with the same period of the previous year. This was due to the fact that the definition of payment arrears was changed in June.
This change in definition caused a break in the statistical series, which means the data are not directly comparable with previous periods. For this reason, it is not possible to assess the actual evolution of payment arrears compared to last year.




