Despite record debt levels among the Portuguese public and companies, investments in government bonds rose again in October by €88 million. It was the ninth month on-the-trot that bond [...]
Portugal’s economic debt accumulated by families, companies and the State increased in September for the third consecutive month hitting a new record of €738.028Bn. The debt for that month alone [...]
Portugal’s industrial association AIP says that at least one good thing has come out of the otherwise devastating Coronavirus pandemic — a digital leap forward. The opinion was made at Portugal [...]
A mandatory weekend curfew in the run-up to Christmas is being viewed as a “kick in the face” for the retail and restaurant sector and for the Portuguese economy as a whole. This is the opinion [...]
In December last year the US ambassador to Portugal, George E. Glass, remarked in an interview that Portugal had increased its influence in the world and knows it. And if the second edition of [...]
The Minister of State and Finances has signed a €5.9Bn package to mitigate unemployment risks. SURE – Temporary Support to Mitigate Unemployment Risks in an Emergency, an EU temporary aid [...]
United States fresh investment in Portugal from 39 companies stood at €1Bn from 2014 to 2019, creating 6,806 jobs in mostly new projects. US investment exceeded US$1.1Bn (€991 million) and [...]
The 20-year saga of Portugal’s high-speed rail connection to Madrid, Porto and Vigo is back on track after being shelved through lack of funds. On 6 June 1999 national newspapers trumpeted the [...]
Both the US and EU have made unprecedented monetary and fiscal mechanisms available to cope with the shutdown of their economies between March to May and beyond. This cash will help stimulate the [...]
The Vice-Governor of the Bank of Portugal has warned that the country must start to think about an exit strategy from the periods of grace on credit loans and that the economic recovery will not [...]
