Portugal's public debt increases to €262bn

The country's public debt rose to €262.1 billion ($291.24 billion) in April, over 2.82% in comparison to March when the number remained at €254.8 billion, according to the Portuguese central bank Banco de Portugal (BdP) on Monday, 1 June.

The bank said in a statement that "It increased by €7.3 billion. This increase was mainly due to the issuance of government bonds of €7.2 billion in April."

The bank also added that General government deposits increased by €5.3 billion, with public debt net of deposits reaching €1.9 billion ($2.11 billion) from the previous month to a total of €237.1 billion ($263.65 billion).

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