Portugal’s exports of goods fell 9.8% in January compared to the same month in 2020, while its imports shrank 17.2% according to the National Statistics Institute (INE). The numbers compare to [...]
An economist for Euler Hermes and shareholder of insurance company COSEC says that Portuguese exporters have an opportunity to generate €13Bn in export business in 2021. Ludovic Subran told the [...]
Economic activity in Portugal suffered a sharp decline in the first week of March on the last week in February. The Bank of Portugal foresees the continuation of the deterioration in the [...]
The Portuguese government has already spent €4.6Bn in State aid to offset the economic impact of the pandemic. Between an increase in expenditure and loss of revenues, the amount represents [...]
The ratings agency DBRS is likely to maintain its stable rating outlook for Portugal but has also issued a warning about the country’s rising debt which stands at 130% of GDP. The Canadian [...]
Can the EU and US forge a shiny new relationship from one stained by steely trade disputes? The excellent trading relationship overall between Western Europe and the United States formed [...]
Portugal’s Recovery and Resilience Plan involves 36 reforms and 77 investments in areas including measures to tackle climate change and promote digital transition. The amount of investment [...]
Portugal is to receive the first tranche worth €1.7Bn from a €13.2Bn ‘bazooka’ economic aid package to help kickstart the country’s economy by the start of this summer. However, [...]
The European Union has revised Portugal’s GDP growth downwards to 4.1% for 2021 based on negative growth for the first quarter of the year. It instead estimates that the economy will only return [...]
Portugal is going through its fifth worse economic crisis in 150 years according to a report in the weekend paper Expresso. The economy has not seen a fall of around 8% since the crisis of 1928 [...]
