Economy

Portuguese economists consulted by an online news source believe that the latest lockdown measures ordered by the government will have a less damaging effect on the economy than the previous [...]

Portugal’s economy, already battered hard by 2020s commercial shutdowns due to the Coronavirus pandemic, is facing a further haemorrhage of €15Bn by April as fresh lockdown measures come into [...]

Portugal’s tourism bureau, Turismo de Portugal today unveiled a return to business and recovery plan for the sector. Handed over to the Strategic Council for Overseas Tourism Promotion (CEPT), [...]

The former president of the European Commission, José Manuel Durão Barroso, highlighted four structural macro trends that would define the post-Covid-19 period from this year onwards. At an [...]

The Portuguese Government looks set to close restaurants, bars and large stores from tomorrow (Jan12). The measure was admitted by the minister for the Economy, Siza Vieira on Friday. If the [...]

  Angola’s industrialisation has become one of the main goals of the current government under the leadership of the President of the Republic João Lourenço. www.cedesa.pt The Angolan [...]

Portugal’s public debt, from the point of view of the Maastricht criteria, and therefore Brussels, fell by €1.068 in November to €267Bn according to data from the Bank of Portugal. Portugal’s [...]

Portugal took the helm of the European Union’s rotating six months presidency on 1 Jan for the fourth time since it joined the European Union in 1986. It laid out its priorities for the [...]

The year 2020 is one that most people – the Portuguese and those with which she does business – will want to forget. But in the midst of so much mayhem, there were important deals, [...]

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 [...]