The CEO of Portuguese energy company Galp, Andy Brown, is concerned about the supply of gas to Portugal and Europe. At a press conference called on Wednesday to share his view on the energy [...]
Portugal’s total economic debt – State, companies and personal — has soared to a massive €777.4Bn, up €3.4Bn according to statistics published by the Bank of Portugal on Thursday. Total [...]
House prices in Portugal increased by an average of 14% to €1,355/m2 in the last quarter of 2021. According to the Portuguese National Statistics Institute (INE), it was an increase of 14.1% [...]
Text: David Sampson/Photo: Ministry of Defence of the Russian Federation The first time I saw war on TV was in 1947\8 when I watched the shooting in Jerusalem between Arabs and Jews. I have [...]
WeWork has announced its plan to open its first flex offices space in Portugal. The offices, which will be on Lisbon’s Rua Alexandre Herculano 50, will be inaugurated in the summer of 2022. [...]
In the first week of April, TAP used only 1,868 of the 2,520 slots it has available to fly, leaving around 700 slots unused (or 100 empty per day). It cancelled 40 flights and yet left 100 slots [...]
The number of US citizens choosing to move to Portugal to retire or work has tripled over the past decade with 6,932 making the move in 2021 alone — a 45% increase on 2020. Pensioners, [...]
The International Monetary Fund published its economic forecasts for the world economy on Tuesday in which it as lowered Portugal’s GDP growth outlook to 4% this year and 2.1% in 2023 because of [...]
Interest rates on Portugal’s 10-year bonds have risen to close to 2% after years at near zero rates. Rates on Tuesday climbed to 1.9% in a session in which in which the bonds of other Euro Zone [...]
Controversial banker António Horta Osório says “Portugal lacks ambition” because its people are satisfied with earning €1,100 to €1,200 a month. In an interview with Público, the banker said [...]