Economy

The Competitiveness Forum has forecast a slowdown in Portugal’s economic growth from 2.3% in 2023 to between 1.8% and 2.1% in 2024, stabilising in that range in 2025, according to its Business [...]

Portugal’s government has agreed a massive booster jab package for Portuguese business by bringing IRC tax down to 19% from next year. But it remains to be seen if the Portuguese parliament or [...]

Portugal has a window of just three years to define an economic strategy that will lay the foundations for the country’s economic development and prosperity for the next 20 years according to [...]

BBVA Research, the economic analysis department of Spanish bank BBVA, has forecast that Portugal’s GDP will slightly overtake that of Spain in 2025. Speaking at a conference on ‘Financial [...]

Portugal’s exports increased 15.5% and imports were up 13.5% according to the latest statistics published on Friday by the National Statistics Institute (INE). In March, this variation had been [...]

Portugal’s GDP grew 1.5% in Q1 of this year after having increased 2.1% in the previous quarter according to the National Statistics Institute (INE). It states that internal demand fell 0.9% from [...]

The Bank of Portugal has warned that high interest rates and continued geopolitical tensions with Russia over Ukraine, China over trade, and the war against Hamas in Israel are continuing to [...]

The European Commission has forecast that Portugal’s economy will likely grow by 1.7% this year with a budget surplus of 0.4%. The estimate from its spring forecast published today (Wednesday) is [...]

Recently, a successful artist friend of mine was sat in a popular Portuguese restaurant near Praça das Flores in Lisbon with five American friends, all of whom had successfully relocated to [...]

Pedro Reis, the man who used to head Portugal’s overseas investment bureau AICEP Portugal Global has been officially sworn in as the AD coalition government’s new Minister of the Economy. At the [...]