There are good reasons to be cheerful for Mário Centeno who runs Portugal’s central bank – Banco de Portugal as the country’s economic recovery looks robust. However, there’s no time to [...]
The Portuguese Government is facing tough opposition to its State Budget 2022 from both the right and far left in the Portuguese parliament which, if rejected, could sweep its public accounts off [...]
The Governor of the Bank of Portugal, Mário Centeno will be the guest speaker today at a lunch organised by the American Chamber of Commerce in Portugal (AmCham). But what is he likely to tell [...]
Portugal’s economy will grow more than expected between now and the end of the first half of 2022 but the annual budget deficit and accumulated deficit is set to remain persistently stubborn. The [...]
The minister of State, Economy and Digital Transition, Pedro Siza Vieira has announced that the Government will continue to launch credit lines to support the tourism sector whose recovery is [...]
The government has been slammed for earmarking only 5.9% of investment to modernise Portugal’s railway network in the Alentejo and Algarve regions. The coordinator of the Movimento Mais Ferrovia [...]
Almost half of the funds in Portugal’s RRP programme have already been allocated according to the entity responsible for managing and monitoring the funds, ‘Recover Portugal’. The mission [...]
Portugal’s economy actually shrank by 8.4%, not 7.6% as had been initially calculated by the National Statistics Institute (INE) which has revised the figure upwards. It is a difference of eight [...]
The Government has announced that nightclubs can reopen from 1 October but nevertheless up to 70% are expected to have filed for bankruptcy by the spring. With all of them being closed for 18 [...]
Portuguese companies are “massively undercapitalised” with 27% barely having the cashflow to keep going. Two million of Portugal’s citizens are living on the breadline, 400,000 are unemployed and [...]
