Econopolitic

A 4% interest rate to pay for the public debt interests will cost my country 15000 million euro, if rating agencies would not worsen the situation.
I am glad to live in the EU because probably the government of my country will transfer these costs to public debt.
If it were the UK it would cost about 100 000 million pound, 10% of UK’s budget, compared with about 1/4 of the portuguese budget.
What I would like to say to wealthier and healthier countries is: when we are endangering poor or little countries probably it will affect us in a near future whether it will be with imigration, disease, aid, public spending or war.