Portugal’s National Statistics Institute INE has confirmed that a €1.2Bn bailout loan for national airline TAP will be included in the budget deficit. The impact of the loan on the year’s budget [...]
According to the Portuguese Environmental Agency around 200.756 tonnes of textiles in urban rubbish were collected, mostly in undifferentiated household waste, in 2017, which represents around 4% [...]
The Organisation for Economic Cooperation and Development (OECD) estimates that the tax burden in Portugal stands at 34.8%, the same rate as in 2018 when it reached a historic maximum. The latest [...]
The Organisation for Economic Cooperation and Development (OECD) has up-ticked its forecasts for Portugal’s economic performance in its Economic Outlook published on Tuesday. The institution [...]
Chinese investor numbers have increased over the past months to beat the end- of-year deadline when the property purchase option in Lisbon and Porto for Portugal’s residency through [...]
Despite record debt levels among the Portuguese public and companies, investments in government bonds rose again in October by €88 million. It was the ninth month on-the-trot that bond [...]
Portugal’s economic debt accumulated by families, companies and the State increased in September for the third consecutive month hitting a new record of €738.028Bn. The debt for that month alone [...]
Portugal’s industrial association AIP says that at least one good thing has come out of the otherwise devastating Coronavirus pandemic — a digital leap forward. The opinion was made at Portugal [...]
A mandatory weekend curfew in the run-up to Christmas is being viewed as a “kick in the face” for the retail and restaurant sector and for the Portuguese economy as a whole. This is the opinion [...]
In December last year the US ambassador to Portugal, George E. Glass, remarked in an interview that Portugal had increased its influence in the world and knows it. And if the second edition of [...]
