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 [...]
Portugal’s stalwart economist Teodora Cardoso has warned that the country is, like the rest of the world, facing stagflation in the short term but says price controls are not the answer. The [...]
Export of goods from Portuguese-speaking countries to Macau – a former Portuguese colony and gateway to China – rose by 25% in January and February like-for-like on 2021. For the two [...]
The current crisis in the Ukraine and shift in the geopolitical landscape could provide Portugal with economic and trading benefits. This is according to the takeaways from speakers who took part [...]
The Bank of Portugal has warned that rising energy costs, supply chain problems, widespread sanctions against Russia over the war in Ukraine and a climate of general uncertainty could all [...]
Portugal’s minister of Finance, João Leão has warned that Russia could default on its loans by effectively paying the interest on loans in roubles. As he left a meeting of the Euro Zone’s finance [...]
