Portugal’s public debt, according to Brussels and the Bank of Portugal, rose €2.1Bn to May to €274Bn. In April, the State’s debt had fallen €2.5Bn after hitting a record high in March while the [...]
A group of Portugal’s top business leaders have joined forces to launch the Business Roundtable Association Portugal (ABRP). The aim of new association, backed by 42 entrepreneurs, is to put [...]
Portugal’s overseas investment agency AICEP says although foreign direct investment has fallen 76% because of the pandemic, it should attract €1Bn “comfortably” by 2022. The government body’s [...]
Almost half of the Portuguese will spend their holidays in Portugal spending an average of €1,339. This is according to a survey undertaken by Europe Assistance and Ipsos “20th Annual Summer [...]
The lockdowns imposed by the government and fears over jobs and the future of the economy have led families in Portugal to save considerably more in 2020 than they did in 2019. This is according [...]
It’s on the lips of everyone you meet from economists and developers to entrepreneurs and manufacturers. Europe and the US stand on the threshold of a new Roaring 20s, with unprecedented growth [...]
US acquisitions in Portugal have increased by 25% while Venture Capital transactions have increased 34% in the first five months of the year. This is according to the consultant TTR [...]
Significant structural reforms Portugal made when its economy was supervised by the troika, debt reduction in 2019, and a likelihood of using EU ‘bazooka’ funds to green up and digitalise the [...]
Portugal’s Business Turnover Index enjoyed a like-for-like growth of 54.1% in April representing an increase of 37.5% percentage points on the previous month according to the National Statistics [...]
Commercial trade between Portugal and China increased by 4.82% in 2020 in relation to 2019 according to data released by the Chinese customs authorities. And Portuguese exports from wine to cork [...]