Portugal has purchased $1.1Bn of treasury bonds issued in US dollars in 2014 which were due to mature in 2024 and were in ‘circulation’ on the market. According to the Portuguese treasury and [...]
Portugal’s minister for the Economy Pedro Siza Vieira confirmed this week that the development bank, Banco de Fomento will be capitalised with an extra €250 million while funds from the EU [...]
Portuguese export companies are upbeat as the exports of goods in the first half of 2021 shot up 7.2%. This is according to the latest statistics from the National Statistics Institute (INE) [...]
Around 40% of European funds aimed to help make Portuguese companies more productive and competitive in International markets was wasted. According to a study, 40% of ERDF funds were awarded to [...]
Portugal’s secretary of State for Internationalisation, Eurico Brilhante Dias, has admitted that several high-profile political and economic corruption scandals are undermining Portugal’s value [...]
The Portuguese Government approved a new line of credit on Wednesday for small and medium companies which should become available within the next two weeks. According to the Minister of State and [...]
An economist for Oxford Economics believes “internal demand” will drive economic recovery in Portugal this year and next. But Ricardo Amaro, senior economist and economic forecasts consultant [...]
Car sales are starting to recover but continue to fall short of pre-pandemic levels. Sales of cars rose 25.6% in the first half of 2021, with some brands displaying two-digit growth. But in the [...]
The end of the moratoria on household loans to Portuguese families could lead to credit default of up to €1.32Bn. This is according to consumer watchdog organisation Deco Protest whose economist [...]
According to recent data for June, 2021 the Portuguese economy is expected to grow 4.8% in 2021, above previous forecasts, with a growth of 5.6% in 2022. Portugal’s Gross Domestic Product has [...]
