The ratings agency DBRS is likely to maintain its stable rating outlook for Portugal but has also issued a warning about the country’s rising debt which stands at 130% of GDP. The Canadian [...]
Can the EU and US forge a shiny new relationship from one stained by steely trade disputes? The excellent trading relationship overall between Western Europe and the United States formed [...]
Portugal’s Recovery and Resilience Plan involves 36 reforms and 77 investments in areas including measures to tackle climate change and promote digital transition. The amount of investment [...]
Portugal is to receive the first tranche worth €1.7Bn from a €13.2Bn ‘bazooka’ economic aid package to help kickstart the country’s economy by the start of this summer. However, [...]
The European Union has revised Portugal’s GDP growth downwards to 4.1% for 2021 based on negative growth for the first quarter of the year. It instead estimates that the economy will only return [...]
Portugal is going through its fifth worse economic crisis in 150 years according to a report in the weekend paper Expresso. The economy has not seen a fall of around 8% since the crisis of 1928 [...]
Portugal’s finance minister put a slight gloss on an otherwise dark landscape as the National Statistics Institute confirmed Portugal’s debt levels had reached 135% of GDP and GDP had fallen by [...]
Portugal’s accumulated public debt reached a record €270Bn at the end of 2020. The debt was made worse last year because the government was forced to launch massive financial support packages to [...]
The Coronavirus pandemic with its constraints, social distance and numbers restrictions and cancelled flights has left Portugal’s wedding sector in tatters with fears many companies may not [...]
The governor of the Bank of Portugal has forecast that the Portuguese economy will not go into recession in the first quarter of this year, despite the new lockdown. He said that the economy [...]
