Economy

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 [...]

Portugal’s inflation rate hit 9.1% in July according to the country’s National Statistics Institute. (INE) It was the greatest like-for-like price variation since November 1992. However, the [...]

The President of the European Central Bank, Christine Lagarde, pledged that the institution would “do whatever it takes” to stop spiralling inflation. Addressing the annual European Central Bank [...]

European central bank leaders have warned that governments in the EU must stick to a policy of strict controls on wage increases in order to prevent inflation. The ECB Forum, an annual meeting of [...]

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. [...]