Economy

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 [...]

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 [...]

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 [...]

Portugal is expected to close the year 2024 with €27Bn in tourist revenues and the prospect of 9% growth in 2025, the Secretary of State for Tourism said on Monday. “As of today we know it [...]