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        Economy

         Government to reshuffle development bank’s management
        0
        By Christopher Graeme
        In Banks, Development banks, Economy, News, Portugal 2030, Portugal RRP
        Posted 11 Outubro, 2024

        Government to reshuffle development bank’s management

        The Government is preparing to change the structure of the administration of Portugal’s development bank, Banco do Fomento, in November, according to Jornal Económico in a report today. The [...]

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         Government forecasts growth of 1.8% this year and 2.1% in 2025
        0
        By Christopher Graeme
        In Economy, Growth, News, State Budget
        Posted 11 Outubro, 2024

        Government forecasts growth of 1.8% this year and 2.1% in 2025

        The Government forecasts a growth of the Portuguese economy of 1.8% this year and 2.1% in 2025, according to the macroeconomic scenario of the State Budget for 2025 (OE2025) delivered on Thursday [...]

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         Portugal perfectly placed to become a bioeconomy leader
        0
        By Christopher Graeme
        In AmCham, Bi-lateral trade, Conferences and Summits, Economy, News, Technology
        Posted 25 Setembro, 2024

        Portugal perfectly placed to become a bioeconomy leader

        Text and Photos: Chris Graeme Portugal, with its knowledge, expertise, and geography, is well-placed to become a trailblazer in the bioeconomy that will be one of the key drivers underpinning the [...]

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         Fitch maintains Portugal rating but improves outlook
        0
        By Christopher Graeme
        In Economy, News, Ratings agencies
        Posted 23 Setembro, 2024

        Fitch maintains Portugal rating but improves outlook

        Fitch kept Portugal’s rating at ‘A’ unchanged on Friday but improved the outlook from stable to positive. The decision comes after in March the North American rating agency did not change [...]

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         Investment attraction to be main driver of the Portuguese economy says minister
        0
        By Christopher Graeme
        In Economy, International trade, Internationalization, Investment, News
        Posted 13 Setembro, 2024

        Investment attraction to be main driver of the Portuguese economy says minister

        Portugal’s Minister of the Economy, Pedro Reis has defined the main markets where Portugal will seek to attract investors. The list of markets is not closed, but has priorities says the minister [...]

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         Economists think growth over 2% unlikely for 2024
        0
        By Christopher Graeme
        In Economy, Growth, News
        Posted 31 Julho, 2024

        Economists think growth over 2% unlikely for 2024

        Key Portuguese economists think it highly unlikely that Portugal’s economy can grow more than 2% for 2024 as a whole. The opinions come after the government has estimated that the economy could [...]

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         DBRS applauds Azores and Madeira for good financial management
        0
        By Christopher Graeme
        In Economy, News, Regional economy
        Posted 29 Julho, 2024

        DBRS applauds Azores and Madeira for good financial management

        The ratings agency DBRS has maintained the ratings for Madeira and the Azores at ‘investment grade’ and has improved the ‘outlook’ of Madeira’s economy because of the region’s [...]

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         Exports and imports up in the second quarter
        0
        By Christopher Graeme
        In Economy, Exports, Imports, News
        Posted 29 Julho, 2024

        Exports and imports up in the second quarter

        Portugal’s exports and imports grew 2.8% and 0.6% respectively, in nominal terms, in the second quarter, compared to the same period last year. The data were released by INE in a [...]

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         Forum for Competitiveness forecasts growth of 1.8-2.1%
        0
        By Christopher Graeme
        In Economy, Growth, News
        Posted 19 Julho, 2024

        Forum for Competitiveness forecasts growth of 1.8-2.1%

        The Competitiveness Forum has forecast a slowdown in Portugal’s economic growth from 2.3% in 2023 to between 1.8% and 2.1% in 2024, stabilising in that range in 2025, according to its Business [...]

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         Portugal plans to make massive tax cuts to boost investment and growth
        0
        By Christopher Graeme
        In Companies, Corporation tax, Economy, News, Tax
        Posted 5 Julho, 2024

        Portugal plans to make massive tax cuts to boost investment and growth

        Portugal’s government has agreed a massive booster jab package for Portuguese business by bringing IRC tax down to 19% from next year. But it remains to be seen if the Portuguese parliament or [...]

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