Economy

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 [...]

  The former minister of State for the Economy and Digital Transition, Pedro Siza Vieira explained why Portugal was the place for investors in his opening address to the Portugal Real Estate [...]

Portugal’s Minister of the Economy, António e Costa Silva said over the weekend that an across-the-board reduction in IRC for all companies would send out “an extremely important sign for [...]

The Portuguese government has announced a measure to support companies that are faced with spiralling gas bills. The package will involve around 250-300 companies which are heavily gas reliant. [...]

The President of ISEG – one of Portugal’s most prestigious economics and business management schools – Clara Raposo has been appointed the new vice-governor of the Bank of Portugal. [...]

Portugal’s government has unveiled a €2.4Bn package to help families and pensioners weather the rising tide of inflation which currently stands at around 9.1%. The Government has earmarked €1Bn [...]

Portugal’s economy contracted by 0.2% in the second quarter of this year. This followed growth of 2.6% in the first quarter of 2022. The figures released by the National Statistics Institute [...]