The interest rates on sovereign debts are reaching maximum levels not seen since before the 2008 financial crisis. This increase is affecting the financing costs of countries globally.
The phenomenon is reflected in the worsening of borrowing conditions for governments, which now face significantly higher expenses with the payment of interest on their public debt.
Portugal is not excluded from this trend, also being affected by the widespread rise in interest rates. Investors are showing greater caution regarding higher-risk assets, which contributes to further pressuring financing costs.
This context represents an added challenge for economies that depend on external financing, and may impact fiscal policies and public investment plans.
