Portugal

Coins proposes a new loan of EUR 291 million by 2028

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 13/11/2026, 16:11:24 UTC.

Briefings

Lisbon City Council plans a €291 million bank loan to be completed by end of Q1 2027, with total debt rising to €550.9 million. The operation requires approval from the Council and the Municipal Assembly, where the Mayor holds a majority. The Mayor also noted that €82.1 million will be raised in 2027, €156.8 million in 2028, and €52.4 million in 2029. The loan will be used for drainage projects, which will require €48 million more in 2027. The current debt is 61.6% of the debt limit, slightly above the 60% level in 2025.

Key points

• Lisbon City Council plans a €291 million bank loan to be completed by end of Q1 2027, with total debt rising to €550.9 million.
• The loan will be used for drainage projects, which will require €48 million more in 2027.

Context

Lisbon City Council is seeking a bank loan to fund infrastructure projects, including drainage. The Mayor noted that €82.1 million will be raised in 2027, €156.8 million in 2028, and €52.4 million in 2029. The current debt is 61.6% of the debt limit, slightly above the 60% level in 2025.

Limitations

The evidence covers only the planned €291 million loan and its immediate fiscal impact. It does not include the total debt limit, the specific allocation of funds across different years, or the detailed breakdown of how the €48 million drainage project will be funded.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 13/11/2026, 23:19:42 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeia6r2qzn4anpnrfb7awllywipqoukmegy67pcogyrnur6dtw2fk5y