Economy

Both national and international institutions have identified risks for the Portuguese ministry of Finance in meeting the State Budget for 2023 and of the macroeconomic backdrop that is subjacent [...]

Portugal’s Finance minister said on Thursday that interest rate hikes by the ECB to curb inflation, were “quicker and higher” than had been expected for this year, and would also affect 2023. [...]

Portugal’s Prime Minister António Costa has ruled out the scenario of a financial and energy crisis in Portugal and believes that the country can face the future with confidence. We will have a [...]

Portugal ’s exports market is doing better than ever, now representing 49% of the country’s GDP. The Minister of the Economy, António Costa e Silva, said on Thursday that Portugal’s exports would [...]

Last week, addressing a group of hoteliers and hospitality sector leaders at a the annual AHRESP Congress (Associação da Hotelaria, Restauração e Similares de Portugal) a secretary of State [...]

Commercial real estate investment in Portugal, most of it from overseas, exceeded €1.1Bn for the year by the end of August. From January to June, investment in Commercial Real Estate exceeded [...]

A windfall tax on energy company profits made incidentally because of inflation caused by a lack of supply and increased demand will be introduced by the government. The tax on extraordinary [...]

The Governor of the Bank of Portugal has called for the urgent application of RRP funds warning that Portugal runs the risk of missing the boat in terms of gaining a competitive edge and [...]

The President of the European Central Bank Christine Lagarde has criticised European governments like Portugal which have adopted across-the-board rather than targeted support measures to help [...]

The former minister of the Economy, Pedro Siza Vieira has blamed teething problems at Portugal’s development bank Banco Português de Fomento (BFP) on insufficient funds from Portugal’s Recovery [...]