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        Monthly Archive for: "Setembro, 2023"
         Government to give modest tax cut in budget
        0
        By Christopher Graeme
        In News, State Budget, Tax
        Posted 27 Setembro, 2023

        Government to give modest tax cut in budget

        Portugal’s socialist government has pledged to cut taxes for its State Budget 2024 and has ruled out creating any new tax bands. But the government will not reveal the extent of its tax cuts [...]

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         TAP restructuring will continue under private ownership
        0
        By Christopher Graeme
        In Aviation, News, TAP
        Posted 27 Setembro, 2023

        TAP restructuring will continue under private ownership

        Portugal’s State-owned airline TAP will have to meet its restructuring obligations with Brussels even after the company is privatised later this year or early next year. The Portuguese government [...]

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         Portugal enjoys a boom in franchising
        0
        By Christopher Graeme
        In Events, Franchising, News
        Posted 25 Setembro, 2023

        Portugal enjoys a boom in franchising

        In 2022 Portugal’s franchising sector represented 7.23% of Portugal’s GDP – a considerable increase on the pre-pandemic year of 2019, revealing its growing importance for the Portuguese [...]

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         ORIA Real Estate Advisors officially launches in Lisbon
        0
        By Christopher Graeme
        In Estate agencies, Luxury property, News, Real Estate
        Posted 25 Setembro, 2023

        ORIA Real Estate Advisors officially launches in Lisbon

        Lisbon-based luxury concierge real estate agency ORIA Real Estate Advisors had its official launch party on Thursday at its offices in Avenida da Liberdade. Portugal’s luxury residential market [...]

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         MI ‘Personality Awards’ 2023
        0
        By Christopher Graeme
        In AWARD, Construction, Environment, News, Real Estate, Tourism
        Posted 25 Setembro, 2023

        MI ‘Personality Awards’ 2023

        Magazine Imobiliário commemorated its 10th anniversary on Thursday las week during a ceremony that distinguished five leading lights on the Portuguese real estate, tourism, construction and [...]

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         BCP to raise €500M in securities
        0
        By Christopher Graeme
        In Bankers, Banks, Capital markets, News, Securities
        Posted 25 Setembro, 2023

        BCP to raise €500M in securities

        Portugal’s high street bank BCP has gone to the bonds market with a €500 million securities issue. It will be the first operation to put new bonds on the market since BCP recovered its investment [...]

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         ‘More Housing’ bill bulldozed through parliament
        0
        By Christopher Graeme
        In Housing, More Housing Package, News
        Posted 25 Setembro, 2023

        ‘More Housing’ bill bulldozed through parliament

        The Portuguese government forced through its unpopular and controversial More Housing package in the parliament on Friday using its socialist party majority. It means that despite his grave [...]

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         Portugal enjoyed highest growth since 1987 in 2022
        0
        By Christopher Graeme
        In Economy, Growth, News
        Posted 25 Setembro, 2023

        Portugal enjoyed highest growth since 1987 in 2022

        Portugal’s economy grew 6.8% in 2022, the highest rate since 1987 according to a recalculation made by the national statistics institute INE from 6.7% to 6.8%. During Portugal’s democratic [...]

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         Portugal with 1.1% budget surplus in H1
        0
        By Christopher Graeme
        In News, Public Finances, State Budget
        Posted 25 Setembro, 2023

        Portugal with 1.1% budget surplus in H1

        Portugal’s public administration sector managed a 1.1% surplus in the first half of the year according to data from the national statistics institute (INE). The positive balance was €689 million, [...]

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         Monies set aside from Portugal’s Recovery and Resilience Plan for housing will go nowhere says economist
        0
        By Christopher Graeme
        In Housing, News, Portugal RRP, Real Estate
        Posted 25 Setembro, 2023

        Monies set aside from Portugal’s Recovery and Resilience Plan for housing will go nowhere says economist

        Funding set aside by the government from the Recovery and Resilience Plan to build 26,000 new houses by 2026 is unlikely to have a takers from developers because of the increase in construction [...]

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