Economy

The Portuguese startup Talkdesk, founded by Cristina Fonseca and Tiago Paiva, has netted €123.4 million in Series C venture capital investment, bringing the total value of the company to €3Bn. [...]

Quarantine-free travel between England and Portugal has been rejected as Portugal fails to make the UK’s list of Covid-19 safe countries to which to travel.   The bad news broken this [...]

Some studies by prestigious economic consultants have lately issued some reports on the Angolan economy that only report negative numbers and projections, without taking into account either the [...]

After a marathon four-day meeting, European Council leaders have finally agreed to a European funding package to kick-start Europe’s economy shattered by nearly five months of the Coronavirus [...]

Car production in Portugal has recovered to 80% of pre-Covid levels by this month despite having been down by 36.2% for the first half of 2020. Some 22,943 heavy and light vehicles were [...]

One of Portugal’s oldest civic associations, which debates questions surrounding the economy, has launched a reindustrialisation manifesto aimed at saving Portugal’s economy. SEDES (The [...]

Portugal now has a net financial position vis-à-vis the rest of the world of -100,0% of GDP, slightly less negative than the -106,6% recorded in the previous year. The Portuguese economy’s [...]

Brussels has stated this week that Portugal’s economy will be the hardest hit of the 27 EU Member States by the end of this year with a 10% forecast drop in GDP. The prediction is more [...]

A slow recovery, in several gears depending on the sector and totally held hostage to the Covid-19 pandemic. This is the prediction from economists consulted by the business daily Jornal [...]

Production in Portugal’s construction industry fell 13.2% in April like-for-like on 2019 but wasn’t as bad as the rest of Europe which averaged falls of 20%. The figures released by Eurostat [...]