Portugal’s public debt has decreased for the fourth consecutive month to its lowest value since January. It had shrunk by €310 million in October to €271.1Bn — the lowest value since January this [...]
Portugal’s Prime Minister António Costa said that the country will never see convergence with the wealthier countries in Europe until it abandons its reliance on a low wage economy. Speaking at [...]
Portugal’s most famous international banker, António Horta Osório, has warned that rising interest rates could threaten the economy. Horta Osório, who took over as non-executive president of [...]
Portuguese economists have ruled out, for the time being, a situation of stagflation in Portugal’s economy. Stagflation is characterised by slow economic growth and relatively high [...]
Plans for Lisbon’s new international airport have stalled because of a mixture of incompetence and a lack of political will from political parties to come together and make it happen. This is the [...]
A former transport minister under the José Sócrates government which ran until 2011 who is currently a candidate to lead the Portuguese Association of Economists, will address the International [...]
A former president of Portugal’s overseas investment and trade organisation, AICEP, Pedro Reis, says that the country’s governance is bankrupt of new ideas on how to break two decades of anaemic [...]
The European Commission has revised Portugal’s growth for 2021 upwards to 4.5% and 5.3% for 2022. In the four months since it last reviewed Portugal’s economic growth, it revealed on Thursday [...]
An index into economic confidence in Portugal compiled by a group of economists at the ISEG – Lisbon School of Economics and Management, shows that confidence increased to 38.1 points in [...]
Around 44% of non-financial companies in Portugal presented negative results in 2020 with turnover falling 9.7% and own capital levels down 3.8% — nearly half the amount seen in 2019 according to [...]
