Economy

In December 2024, Portugal’s construction sector enjoyed the third highest output in terms of projects in the EU with a MoM increase of 3.6% while YoY it had the fourth largest increase (5.1%) [...]

Porto has once again done well in Financial Times rankings, this time as the Best European City for Foreign Direct Investment Attraction. It is the fourth year in which the city has been placed [...]

Text: Chris Graeme; Image: Fernando Bento (ICPT) Portugal’s Minister for Parliamentary Affairs warned that extremists are beginning to gain ground in the country’s political life on Tuesday. [...]

The Euro Zone’s economy grew 0.9% in 4Q of 2024 like-for-like according to the EU’s statistical office Eurostat on Friday. Portugal recorded the fourth highest year-on-year rate, in a ranking led [...]

Portuguese companies expect a 4.6% increase in exports of goods this year. The forecast is based on the uptick in exports registered between January and November 2024 when overseas sales grew by [...]

Portugal’s Minister of Finances, Joaquim Miranda Sarmento says that despite just over 50% of Portugal’s production output being exported abroad, the country still lagged behind many [...]

The CEO of EDP’s renewables arm EDPR (2.11%), Miguel Stilwell de Andrade, says that the Portuguese electricity company continues to see the United States as a major market for the company, [...]

Portugal’s Minister for the Economy, Pedro Reis is to attend the World Economic Forum in Davos to drum up investment for the country according to a statement from the Ministry of the Economy. The [...]

Portugal’s overseas investment bureau AICEP signed investment deals with private developers and companies worth €420 million last year – more specifically between private contractors and [...]

Portugal’s government expects that 2024 will see a 40% execution rate for its Recovery and Resilience Plan, which means that 40% of targets for EU-funded investments in public works, [...]