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Debt interest rates soar in Europe. Portugal reaches near-decade highsPhoto by Monstera Production on Pexels
Business

Debt interest rates soar in Europe. Portugal reaches near-decade highs

TVI Notícias2 September 2026 at 23:00

Public debt interest rates are rising to levels not seen in ten years. This trend is occurring not only in Portugal but across several European countries.

Portugal reached near-decade highs in its public debt interest rates. This increase represents a significant worsening in the country's financing conditions.

The phenomenon is not exclusive to Portugal. In Germany, public debt interest rates reached their highest value since the start of the 2008 financial crisis, indicating that the rate increase is a widespread problem across Europe.

This escalation in interest rates reflects growing concerns about the sustainability of European public finances and could have important implications for the monetary policy of the eurozone.

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