Experts have sounded alarm bells over the “bad management and poor application” of European Union’s NextGenerationEU Recovery and Resilience Plan funds awarded to Portugal and which total some [...]
Portugal is among the Euro Zone economies that enjoyed the best performance in the second quarter of the year. Between April and June the economy saw a like-for-like GDP growth rate of 2.3% [...]
Investment over 2022 fell 4.4% compared to 2019 with a medium-term impact of -8.8% because of the economic fallout from both the Covid-19 pandemic and the war in Ukraine. The fall was almost [...]
Portugal’s economy is starting to show some signs of cooling in exports and industrial production after a positive first quarter in which the economy’s performance exceeded expectations. [...]
The International Monetary Fund has advised Portugal that financial policies should continue to concentrate on systemic risks which it says have increased because of more restrictive financial [...]
Portugal’s recovery has slowed in the face of high energy and living costs, as well as global uncertainty. Decisive policy action and structural reforms are needed to shore up public finances, [...]
The OECD has joined the IMF and Brussels in doubling Portugal’s 2023 growth outlook from 1.0% to 2.5%. The reason? Portugal’s export order books are more buoyant than initially expected. The OECD [...]
Portugal’s Finance minster, Fernando Medina has welcomed the latest statistics from the national statistics institute INE on growth and inflation saying they offered “good prospects for 2023” [...]
Portugal had the second highest GDP growth in the European Union in the first quarter of 2023 according to a back of the envelope estimate from Eurostat on Tuesday. Only Poland enjoyed higher [...]
Portugal’s economy is growing at a higher rate than in 2019, before the Covid-19 pandemic struck. The International Monetary Fund on Tuesday raised its forecast for Portugal’s 2023 economic [...]
