According to the EU’s statistical agency Eurostat, Portugal suffered the fourth largest economic slump in the European Union with a fall of 16.3% in GDP. However, normally more robust economies [...]
Portugal was the largest manufacturer of bicycles in the European Union in 2019, overtaking the usual top contender, Italy. According to Eurostat, which made a comparison between the production [...]
Portugal’s falling working age population is proving a major stumbling block to a rapid economic recovery say experts. According to Jornal Económico (full access by subscription), the [...]
Portugal is said to be holding talks with the British Government again in a bid to get quarantine measures scrapped for holidaymakers returning from Portugal to the UK. At present everyone [...]
The Portuguese Enterprise Association (AEP) says that the abrupt fall in economic activity in the first half of 2020 – never before seen in living memory – resulting in a 16.5% [...]
Portugal had made the Top 20 list of world footwear manufacturers for 2019 according to the World Footwear Yearbook 2020. It returned to the Top 20 list of largest producers worldwide in 20th [...]
Formula 1 racing is to return to Portugal after an absence of 24 years. By Michael Bruxo – Algarve Resident The announcement was made last week by Portimão Mayor Isilda Gomes who said that [...]
The ratings agency DBRS says Portugal is more robust and better prepared to meet the challenges of the current economic crisis caused by the Covid-19 pandemic. DBRS, which stresses that the [...]
Property consultants Worx fear that the office take-up market in Portugal’s capital will be down as much as 30% this year, closing 2020 with take-up of just 130,000 m2. The forecast was made in [...]
The Portuguese pharmaceutical group Raul Vieira says it has an optimistic plan to double sales in 2021. In an interview with the Lusa news agency, its CEO Maria de Macedo admits that 2020 has [...]
