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Portugal has risen three places from 42nd to 39th place in the IMD World Competitiveness Ranking which evaluates how competitive countries are around the world. For the eighth consecutive year [...]

Portugal’s minister of Infrastructures, João Galamba has ruled out Santarém as the site for a new Lisbon international airport. According to television station TVI and quoting statements made at [...]

The parliamentary group of the ruling Partido Socialista (PS) has suggested that the Government should introduce “a tax sweetener incentive” to its controversial ‘More Housing’ package which aims [...]

The major European airlines conglomerate IAG (International Airlines Group) which combines leading airlines British Airways, Iberia, Vueling, Aer Lingus and LEVEL (IAG’s new low-cost airline [...]

The number of new inexperienced non-executive board members at companies listed on Portugal’s stock market Euronext has doubled to 80% of the total compared to a European average of 39%. This is [...]

The monthly interest repayments on mortgages has reached its highest level since 2009 according to the National Statistics Institute INE. In May the average monthly repayment stood at €352, up [...]

Inflation is providing a positive benefit for the government in terms of taxes and extraordinary contributions for State coffers. According to the Bank of Portugal, the Government should rake in [...]

The Bank of Portugal is more optimistic than the government over the budget deficit for 2023, predicting an overspend of 0.1% and a surplus of 0.2% next year. According to its monthly bulletin [...]

The Bank of Portugal has revised Portugal’s growth upwards by 0.9% to 2.7% – three times higher than the EU average. Growth had been forecast at 1.8% for 2023 in March, The increase in [...]

The Portuguese government has made it clear to any potential airline group interested in buying TAP that it will retain a Golden Share in the airline to “secure the strategic interests of the [...]