Economy

The Euro Zone’s economy grew 0.9% in 4Q of 2024 like-for-like according to the EU’s statistical office Eurostat on Friday. Portugal recorded the fourth highest year-on-year rate, in a ranking led [...]

Portuguese companies expect a 4.6% increase in exports of goods this year. The forecast is based on the uptick in exports registered between January and November 2024 when overseas sales grew by [...]

Portugal’s Minister of Finances, Joaquim Miranda Sarmento says that despite just over 50% of Portugal’s production output being exported abroad, the country still lagged behind many [...]

The CEO of EDP’s renewables arm EDPR (2.11%), Miguel Stilwell de Andrade, says that the Portuguese electricity company continues to see the United States as a major market for the company, [...]

Portugal’s Minister for the Economy, Pedro Reis is to attend the World Economic Forum in Davos to drum up investment for the country according to a statement from the Ministry of the Economy. The [...]

Portugal’s overseas investment bureau AICEP signed investment deals with private developers and companies worth €420 million last year – more specifically between private contractors and [...]

Portugal’s government expects that 2024 will see a 40% execution rate for its Recovery and Resilience Plan, which means that 40% of targets for EU-funded investments in public works, [...]

Portugal’s trading sector enjoyed an uptick in growth by 4.6% in 2023 according to data just out from the National Statistics Institute. The turnover of trading companies totalled €194.8Bn in [...]

According to the latest data from the Bank of Portugal released on Wednesday, tourism brought in €1.6Bn for the Portuguese economy in the first 10 months of 2024. And according to data on the [...]

Portugal’s Economists Association has presented a former minister for Industry and Energy with the commendation ‘Economist Emeritus’. Economist Luís Mira Amaral, who already has several [...]