Economy

Portuguese exports and imports recovered in March on the same month in 2020 according to statistics provided by the INE. The sale of export goods went up 28.8% in March compared to just 2.6% in [...]

Physical sales of music formats saw a fall of 19.8% in 2020 on 2019 According to the Portuguese Phonographic Association (AFP) sales were worth €6.7 million and in 2020 plummeted to €5.4 million. [...]

The Portuguese government has postponed the competition for contracts to extract lithium ore in Montalegre until the end of 2021. One of the reasons why has to do with the fact that the Mining [...]

A vineyard which produces completely biological wines has become the largest producer of Green Wine in Portugal’s Baião region exporting to 16 countries around the world. A&D Wines has become [...]

Portugal’s public debt rose €1.2Bn in March to €275.3Bn to a new debt to GDP ratio record of 137.1% in the first quarter of 2021. This was according to statistics released by the Bank of Portugal [...]

As was expected, Portugal’s economy contracted in the first three months of 2021 with GDP falling 3.3% (compared to the fourth quarter in 2020). In like-for-like terns the fall was 5.4% However, [...]

Portugal’s football industry generated €750 million or €494 million towards Portugal’s GDP for the 2019/20 season. It was a reduction of €55 million on the previous season according to figures [...]

The President of the American Club of Lisbon and author of ‘RENDEZ-VOUS WITH AMERICA, An Explanation of the US Election System’ Patrick Siegler-Lathrop gave an insightful talk last week on [...]

The Portuguese government has forecast growth of 4% of GDP this year and 4.9% in 2022. The estimates were advanced by the Portuguese finance minister João Leal after the government approved the [...]

Portugal’s finance minister at the time the country requested a €78Bn bailout from the IMF and EC, has admitted that it was a tough pill to swallow in 2011. As Portugal marks exactly 10 years [...]