Economy

Prices in Portugal’s residential housing market could take a tumble according to a warning from the Governor of the Bank of Portugal, Mário Centeno, on Friday. The difficult context in which a [...]

Text: Chris Graeme Photo: Joaquim Morgado Portuguese justice is in a shambles and needs a major efficiency overhaul as well as a publicity makeover to improve its standing in the eyes of the [...]

The Portuguese government has to tread carefully over the coming months as inflation starts to bite. It cannot afford to put public finances at risk in a bid to help ease the plight of families [...]

Inflation in Portugal is putting the squeeze on household budgets as it hits the highest level since 1993. According to Portugal’s national statistics institute (INE), inflation climbed to 7.2% [...]

The growth of Portugal’s economy has to be done sustainably and not faked through some kind of Russian style ‘doping’ warned the parliamentary chief whip of Portugal’s ruling PS party this week. [...]

A study by the European Commission on the vulnerability of Member States to the effects of the war in Ukraine shows that Portugal and Malta are the least exposed to the economic consequences of [...]

Portugal’s economy is back to 2019 levels although it is performing differently with more emphasis on industry over services. Addressing business leaders at the International Club of Portugal [...]

The economist Vítor Bento, who is president of the Portuguese Banking Association, warned “an uncertain future” meant that a recession “could not be rule out” for Portugal. Bento made his [...]

The ratings agency Fitch has maintained Portugal’s rating at BBB with a positive outlook. The ‘positive outlook’ which has replaced its previous ‘stable outlook is down to [...]

Portugal’s GDP in real terms grew 11.9% in Q1 like-for-like on 2021 according to Portugal’s national statistics institute INE. The economy grew 5.9% overall. “The like-for-like increase partly [...]