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 [...]
Company debt in Portugal has increased by half a billion euros this year because of the Coronavirus pandemic. Debt in the non-financial sector worsened by €4.6Bn in July to €740Bn, returning to [...]
Portugal’s economy is recovering “faster than expected” according to the new finance minister João Leão in an interview with Bloomberg. The minister said that the European economy was “severely” [...]
The number of bankruptcies in Portugal shot up by 64.5% in August with 199 companies going under, 78 more than for the same month last year. Yet the construction and public works sector was the [...]
The CEO of Novo Banco, António Ramalho, has downplayed the recommendations made by independent auditor Deloitte into the banks finances, non-performing loans and allegedly pre-market value [...]