Portugal has paid off all €26.3Bn of its IMF loan and will now pay off a further €2Bn to the EU by the end of the summer from its 2011 €78Bn troika bailout. In March, the Secretary of State for [...]

The Amorim family, which made its fortune in cork products, retains its position on Forbes magazine’s top rich list. With a fortune estimated at €4.1Bn, Maria Fernanda Amorim and family top the [...]

The former chief economist of the IMF, Olivier Blanchard, has told a Portuguese news agency that Portugal “has been lucky” despite its poor productivity record. In an interview with Lusa, [...]

The US ratings agency Fitch predicts that Portugal’s economy will slow between now and 2020 as international “cross winds”, including the continued US trade war with China, continue [...]

A Portuguese economist has warned that the Government’s plans to increase the national deficit by 1% to 2% would be folly. Joaquim Miranda Sarmento argues in the daily online news source ECO that [...]

The Government’s GDP growth rates of 1.7-2% have been downplayed by the President of the Portuguese Industrial Confederation. Speaking at a lunch in Lisbon organised by the International Club of [...]

Portugal is less competitive than it was last year according to the IMD World Competitiveness Centre. It fell six places to occupy 39th place out of 63 countries that were analysed using data [...]

Work will begin in July on a new international school for the Eastern part of Lisbon occupied by the former Expo 98 site – Parque das Nações. The United Lisbon International School is a €50 [...]

The International Monetary Fund (IMF) has cut Portugal’s growth forecast from 1.8% to 1.7%. The cut is now in line with the growth forecasts of both the European Commission and the Bank of [...]

The Director of the International Monetary Fund, Christine Lagarde believes that Portugal could suffer economic consequences as a result of the UK leaving the European Union. In an interview with [...]