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        Economy

         Association says Portugal has slid back a decades in terms of exports
        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 21 Setembro, 2020

        Association says Portugal has slid back a decades in terms of exports

        The President of Portugal’s Business Association (AEP) warns that the capacity for Portugal’s mostly small and medium size companies to internationalise and export goods and services overseas has [...]

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         Portugal’s economic debt close to record high
        0
        By Christopher Graeme
        In Business, Companies, Economy, News
        Posted 21 Setembro, 2020

        Portugal’s economic debt close to record high

        Company debt in Portugal has increased by half a billion euros this year because of the Coronavirus pandemic. Debt in the non-financial sector worsened by €4.6Bn in July to €740Bn, returning to [...]

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         Portugal’s economy “recovering fast” says finance minister
        0
        By Christopher Graeme
        In Economy, Finance, News
        Posted 18 Setembro, 2020

        Portugal’s economy “recovering fast” says finance minister

        Portugal’s economy is recovering “faster than expected” according to the new finance minister João Leão in an interview with Bloomberg. The minister said that the European economy was “severely” [...]

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         Bankruptcies soar 64.5% in August
        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 7 Setembro, 2020

        Bankruptcies soar 64.5% in August

        The number of bankruptcies in Portugal shot up by 64.5% in August with 199 companies going under, 78 more than for the same month last year. Yet the construction and public works sector was the [...]

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         Novo Banco downplays Deloitte recommendations
        0
        By Christopher Graeme
        In Banks, Economy, News
        Posted 4 Setembro, 2020

        Novo Banco downplays Deloitte recommendations

        The CEO of Novo Banco, António Ramalho, has downplayed the recommendations made by independent auditor Deloitte into the banks finances, non-performing loans and allegedly pre-market value [...]

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         Portugal retail sales buck EU trend
        0
        By Christopher Graeme
        In Economy, News, Retail
        Posted 4 Setembro, 2020

        Portugal retail sales buck EU trend

        Retail sales in Portugal have bucked an overall trend in the Euro Zone by growing 3.9%. Retail sales turnover in the Euro Zone fell 1.3% on average in June and 0.8% in the European Union for the [...]

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         Portugal’s GDP suffers fifth largest fall from OECD countries
        0
        By Christopher Graeme
        In Economy, Exports, News
        Posted 27 Agosto, 2020

        Portugal’s GDP suffers fifth largest fall from OECD countries

        Portugal’s economy was among that of five countries whose economic performance in the OECD which faired the worst in the second quarter of the year. The performance was based on statistics [...]

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         Autoeuropa output at record in 2019
        0
        By Christopher Graeme
        In Automotive, Economy, News
        Posted 26 Agosto, 2020

        Autoeuropa output at record in 2019

        Portugal’s largest car plant achieved, for the second consecutive year, both a production and turnover record in 2019, generating 1,7% of national GDP. The information was published when the [...]

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         Hanwah Q-Cells to set up in Portugal
        0
        By Christopher Graeme
        In Economy, Energy, News
        Posted 26 Agosto, 2020

        Hanwah Q-Cells to set up in Portugal

        A South Korean solar energy company, Hanwah Q-Cells, is to set up in Portugal. The 68-year-old company, well-known in the Far East, aims to be one of the big players in solar energy in the [...]

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         British tourists fly into the Algarve by the plane load
        0
        By Christopher Graeme
        In Aviation, Economy, News, Tourism
        Posted 26 Agosto, 2020

        British tourists fly into the Algarve by the plane load

        Scheduled flights from the United Kingdom which had, until before last weekend, been less than half full, were jam-packed with British tourists this week looking to soak up a week or two on [...]

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