Portugal’s Social Security Outlook Under Scrutiny as Experts Warn Against “Illusion” of Financial Stability
LISBON – The long-term outlook for Portugal’s Social Security system is facing renewed scrutiny. Concerns have emerged over whether apparently positive annual balances provide a complete picture of the country’s future pension obligations. Portugal’s Court of Auditors has warned that the official financial sustainability report does not provide a sufficiently comprehensive assessment. In particular, the…