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        Economy

         Portugal still lags behind EU Member States on exports says Finances minister
        0
        By Christopher Graeme
        In AmCham, Economy, Finance, News
        Posted 22 Janeiro, 2025

        Portugal still lags behind EU Member States on exports says Finances minister

        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 [...]

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         EDP says US will continue to be a large market for the Portuguese energy company despite Donald Trump’s “drill, baby, drill” remarks
        0
        By Christopher Graeme
        In Economy, EDP, EDPR, News, Renewables
        Posted 21 Janeiro, 2025

        EDP says US will continue to be a large market for the Portuguese energy company despite Donald Trump’s “drill, baby, drill” remarks

        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, [...]

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         Portugal’s Economy minister to attend Davos
        0
        By Christopher Graeme
        In Davos, Economy, Investment, News
        Posted 20 Janeiro, 2025

        Portugal’s Economy minister to attend Davos

        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 [...]

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         AICEP signs investment contracts worth €420 million
        0
        By Christopher Graeme
        In AICEP, Contracts, Economy, Investment, News
        Posted 6 Janeiro, 2025

        AICEP signs investment contracts worth €420 million

        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 [...]

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         Government expects 40% execution rate on Portugal RRP for 2024
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        By Christopher Graeme
        In Economy, News, Portugal RRP
        Posted 3 Janeiro, 2025

        Government expects 40% execution rate on Portugal RRP for 2024

        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, [...]

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         Company business turnover up 4.6% in 2023
        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 20 Dezembro, 2024

        Company business turnover up 4.6% in 2023

        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 [...]

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         Tourism earns Portugal €1.6Bn for the economy
        0
        By Christopher Graeme
        In Economy, News, Tourism, Travel
        Posted 20 Dezembro, 2024

        Tourism earns Portugal €1.6Bn for the economy

        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 [...]

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         Portugal’s Economists Association honours former minister
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        By Christopher Graeme
        In Associations, AWARD, Economy, News
        Posted 20 Novembro, 2024

        Portugal’s Economists Association honours former minister

        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 [...]

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         Portugal’s overseas trade surplus hits record in Q3
        0
        By Christopher Graeme
        In Economy, External trade, News, Trade
        Posted 20 Novembro, 2024

        Portugal’s overseas trade surplus hits record in Q3

        Portugal’s external trade surplus reached a new all-time high in the third quarter of this year, reaching 3.9% of Gross Domestic Product (GDP). In nominal terms, it amounted to €8.2Bn, more than [...]

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         Portugal enjoys 5th highest growth in the EU in Q3
        0
        By Christopher Graeme
        In Economy, GDP, Growth, News
        Posted 15 Novembro, 2024

        Portugal enjoys 5th highest growth in the EU in Q3

        Portugal was the fifth fastest growing country in the European Union in the third quarter of the year compared to the same period last year. Eurostat revealed on Thursday that national GDP had a [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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