The Prime Minister addressed Parliament regarding the proposed State Budget for 2027, focusing on government priorities and criticizing the previous administration's housing policies.
This update is from Bica
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The total stock of housing loans reached 120.2 billion euros at the end of September, an increase of 1.117 billion euros from August and an 11.2% year-on-year growth rate according to Banco de Portugal. Total consumer credit reached 36.1 billion euros, while private sector deposits fell by 978 million euros to 203.2 billion euros.
Data from the Insurance and Pension Funds Supervisory Authority (ASF) indicates that over 50% of retirees in Portugal report a decline in their quality of life upon entering retirement.
Portugal recorded 51 road deaths per million inhabitants in 2025, the fifth-highest rate in the European Union. While this represents a 6% decrease from 2024 and a 16% drop since 2019, the country remains above the EU average, with 578 total fatalities reported last year.