The Portuguese government has decided to extend the number of tax payers whose income tax statements are now pre-completed by automatic assessment. After the rollout was put on ice in 2020 [...]
The Portuguese Government’s tax revenues for 2020 fell to their lowest levels since 2012. Portugal’s Council of Public Finances (CFP) analysed the nation’s public accounts between January and [...]
Portugal’s public finances were €4.2Bn worse off from March to November according to calculations by the Parliamentary Budget Support Unit UTAO. The Covid-19 pandemic has required the State to [...]
Portugal took the helm of the European Union’s rotating six months presidency on 1 Jan for the fourth time since it joined the European Union in 1986. It laid out its priorities for the [...]
On 31 December the UK will be leaving the EU Single Customs Union and although reaching a trade agreement with the EU remains a top priority for the UK Government, there will be sweeping changes [...]
Portugal’s finance minister, João Leão will present the European Commission with one of the lowest budgets in the EU for 2021 in terms of deficit. The Government is meeting with the other [...]
Foreign investment that has poured into Portugal recently has had no significant effect on changing Portugal’s structure of production. This is according to a business manager, Luís Todo-Bom, who [...]
Many Americans, let alone Europeans, are confused by the complexities of the US electoral system which is akin to a simultaneous general election in 50 federal states, all with their own laws. [...]
A Strategic Plan for the Administration of the Port of Sines for 2020-2025 was unveiled today (Wednesday 30 September). The presentation took place in the presence of the Portuguese Minister of [...]
The Portuguese government expects a deficit of 7% this year according to a report issued by Brussels yesterday. The deficit is above the 6.3% initially calculated in the Supplementary State [...]