The Minister of State and Finances has signed a €5.9Bn package to mitigate unemployment risks. SURE – Temporary Support to Mitigate Unemployment Risks in an Emergency, an EU temporary aid [...]
United States fresh investment in Portugal from 39 companies stood at €1Bn from 2014 to 2019, creating 6,806 jobs in mostly new projects. US investment exceeded US$1.1Bn (€991 million) and [...]
The 20-year saga of Portugal’s high-speed rail connection to Madrid, Porto and Vigo is back on track after being shelved through lack of funds. On 6 June 1999 national newspapers trumpeted the [...]
Both the US and EU have made unprecedented monetary and fiscal mechanisms available to cope with the shutdown of their economies between March to May and beyond. This cash will help stimulate the [...]
The Vice-Governor of the Bank of Portugal has warned that the country must start to think about an exit strategy from the periods of grace on credit loans and that the economic recovery will not [...]
Foreign investment that has poured into Portugal recently has had no significant effect on changing Portugal’s structure of production. This is according to a business manager, Luís Todo-Bom, who [...]
The Portuguese Government’s ‘recovery Tsar’ António Costa Silva outlined the Strategic Vision for Portugal’s Economic Recovery Plan 2020-2030 at the American Club of Lisbon this month. by Chris [...]
Portugal’s residential property market post-Covid-19 is displaying remarkable similarities to the Great Financial Crisis of 2010. This is according to a study by property consultants Prime Yield [...]
Economy minister Pedro Siza Vieira has admitted that original forecasts for Portugal’s post-pandemic recovery were too optimistic. They will need to be ‘revised’ when the 2021 State Budget is [...]
By Natasha Donn [email protected] Strategic infrastructure plans for Portugal’s largest and most important shipping port at Sines near Setúbal will map out Portugal’s plan to [...]