Retail sales in Portugal have bucked an overall trend in the Euro Zone by growing 3.9%. Retail sales turnover in the Euro Zone fell 1.3% on average in June and 0.8% in the European Union for the [...]
Portugal’s economy was among that of five countries whose economic performance in the OECD which faired the worst in the second quarter of the year. The performance was based on statistics [...]
Portugal’s largest car plant achieved, for the second consecutive year, both a production and turnover record in 2019, generating 1,7% of national GDP. The information was published when the [...]
A South Korean solar energy company, Hanwah Q-Cells, is to set up in Portugal. The 68-year-old company, well-known in the Far East, aims to be one of the big players in solar energy in the [...]
Scheduled flights from the United Kingdom which had, until before last weekend, been less than half full, were jam-packed with British tourists this week looking to soak up a week or two on [...]
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% [...]