Economy

The Portuguese economy will continue to mirror the growth trend in the rest of the Euro Zone in 2019 and 2020. Presenting its Winter Forecast for Portugal it predicted that Portugal’s growth [...]

Portuguese bankers don’t have the capacity to evaluate the risks of big business deals and their sustainability when it comes to authorising big ticket loans. That is the opinion of economist [...]

After three years of recession, Angola, one of Portugal’s biggest international clients, is seeing economic recovery. The analysis department of international ratings agency Fitch – Fitch [...]

Portugal managed to have the second largest budget surplus out of all 28 Eurozone countries according to the EU statistical agency Eurostat. The budget surplus was 3.6% at the time of the third [...]

The Bank of Portugal has cut its growth forecast for 2018 from 2.3% to 2.1% in a series of forecasts to 2021.The main justification for the downward revision is a slowdown in Portugal’s exports [...]

Portugal has cleared the rest of its debt owed to the IMF following the country’s technical bankruptcy in 2011 which resulted in the IMF/EU/ECB troika running the country’s finances for six [...]

Portugal is not out of the woods in terms of inherent structural weaknesses to its economy and public sectors according to the IMF. And despite the current boom in tourism and the property market [...]

It’s that time of year again, when the government has to present its economic plans: tell us all how well we’ll be doing in the next 12 months and where we’re headed. And it’s all “looking good” [...]