Vídeo: Ministro de Estado e das Finanças em entrevista à CNBC

🗣️ Transcrição automática de voz para texto.

I would like to get your thoughts on potential spillover effects uh really because there’s a lot of concern today as we approach a new auction by French debt authorities like there could be ramifications here for other parts of the Eurozone debt Market are you concerned that this call for a snap parliamentary election in France could have ramifications also for other Eurozone bond yields including the Portuguese well good morning we are conf confident that the European institutions and the European project will remain very strong and we believe markets will continue to have confidence in the Euro project and in our particular case Portugal is well suited to um be protected from Market adversities we had a surplus of 1.2% of GDP last year in our fiscal balance and we forecast to continue to have Surplus on the fiscal balance of 0.2 0.3 allowing us to reduce public debt to close to 95% of GDP this year and in a path of reduction uh up to 80% of GDP in 28 so I think the concerning Portugal the fiscal balance the structural reform program that the new government has the economic growth perspective and the reduction of public debt will allow us to continue to have confidence from investors and markets uh in a broader confidence of the Euro right but recently um you’ve highlighted that in the first quarter the Portuguese e economy registered a deficit you’ve suggested that a lot of that had to do with the previous government you’ve blamed them for the fiscal position of Portugal so ultimately what is the message to International investors do they need to be concerned about the state of the fiscal position in Portugal no International investors and AAL institutions should be confident on the fiscal position of Portugal we will end the year with a small Surplus 0.2 0.3% of GDP we forecast for the next year a surplus of the same magnitude that will allow us to continue to reduce public depth for Five percentual Points a year and we have we will remain extremely robust in terms of Public Finance and also with economic growth we forecast at least 2.3% economic growth next year with the structural reforms we’re implementing we expect growth to increase and we believe we our potential GDP could grow up to 3% over the next years uh giving more uh fiscal space to Portugal uh to reduce the public depbt now a lot of the economic performance is coming from the tourist sector and this is not just a case in Portugal it’s very much a trend across the south of Europe itself ultimately Minister do you recognize that there’s potential risks here of a tourist bubble really for the Portuguese economy and more broadly for the south of Europe well tourism is an important sector in Portugal has always been but the value of the tourism has been increasing we are creating more and more value in our uh tourist uh Supply but other sectors are also growing we have more and more exports on technology on other services also on industry so we’re continue to diversification uh in the service that we provide to to people