Economy

Experts and partners met in Oeiras this month to discuss strategic development projects in aeronautics, space and defence. A memorandum of understanding was signed between representatives from [...]

The President of the Portuguese markets regulator CMVM, Gabriela Figueiredo Dias, has warned this week that the shock to the economy from Covid-19 will get worse in Portugal causing more private [...]

Up to 1,200 jobs will be created in Évora thanks to a contract to manufacture the new ATL-100 plane. It will be the first plane to be completely made in Portugal and will come in both civilian [...]

Portugal will fully draw on €15.3Bn in EU subsidies earmarked for the country. However, its Prime Minister António Costa said it would not, for the time being, use up other funds in the form of [...]

A Strategic Plan for the Administration of the Port of Sines for 2020-2025 was unveiled today (Wednesday 30 September). The presentation took place in the presence of the Portuguese Minister of [...]

The British mining company Savannah is looking to mine around 30,000 tonnes of lithium per annum from 2022. David Archer, CEO of Savannah Resources told ECO online that lithium production at the [...]

Portugal’s Golden Visa scheme needs a major makeover to make it relevant to the Portuguese Government, the country’s investment needs and the current economic climate says a leading property [...]

The Portuguese government expects a deficit of 7% this year according to a report issued by Brussels yesterday. The deficit is above the 6.3% initially calculated in the Supplementary State [...]

Portugal’s Government has announced a national economic recovery plan in a week in which it will try to secure €58Bn in EU funding over the next 10 years to recover the country’s shattered [...]

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 [...]