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        Economy

         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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         Portugal’s three-year window to define strategies and accelerate projects in areas that will define the next 20 years
        0
        By Christopher Graeme
        In AICEP, AmCham, Economy, Electric mobility, EU Bazooka, News
        Posted 23 Junho, 2024

        Portugal’s three-year window to define strategies and accelerate projects in areas that will define the next 20 years

        Portugal has a window of just three years to define an economic strategy that will lay the foundations for the country’s economic development and prosperity for the next 20 years according to [...]

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         BBVA economist foresees Portuguese GDP outstripping Spain in 2025
        0
        By Christopher Graeme
        In Banks, Economy, GDP, News
        Posted 19 Junho, 2024

        BBVA economist foresees Portuguese GDP outstripping Spain in 2025

        BBVA Research, the economic analysis department of Spanish bank BBVA, has forecast that Portugal’s GDP will slightly overtake that of Spain in 2025. Speaking at a conference on ‘Financial [...]

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         Exports up 15.5% and imports up 13.5% in April
        0
        By Christopher Graeme
        In Economy, Exports, News
        Posted 10 Junho, 2024

        Exports up 15.5% and imports up 13.5% in April

        Portugal’s exports increased 15.5% and imports were up 13.5% according to the latest statistics published on Friday by the National Statistics Institute (INE). In March, this variation had been [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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