EU

Portugal is at risk of becoming even more peripheral because of EU enlargement in Eastern Europe. This is the opinion of former minister of Foreign Affairs, António Martins da Cruz, who argues [...]

Portugal’s seven largest banks must submit a report to the European banking supervisor containing detailed data that will enable Brussels to evaluate the risk of high interest rates on their [...]

The President of Eurogroup – the EU Body which unites all of the finance minsters in the European Union – Pascal Donohoe made a whistle-stop visit to Lisbon on Tuesday where he met [...]

The European Commission has advised that Portugal should meet European Council recommendations to draw up an “economical” budget. The advice is part of a raft of comments in a document published [...]

The European Commission has announced that Portugal would receive a further €1.634Bn in grants for Portugal’s RRP. (Recovery and Resilience Programme) The announcement that it would get an extra [...]

The European Commission has approved the payment of €1.16Bn to Portugal to finance its national Recovery and Resilience Plan (RRP) of which €554.4 are grants and €609 million are loans. European [...]

The 6th European Union (EU) – African Union (AU) summit took place in Brussels in an environment of wanting to perform and implement everything that the covid-19 pandemic has been postponing. The [...]

The European Commission has revised Portugal’s growth for 2021 upwards to 4.5% and 5.3% for 2022. In the four months since it last reviewed Portugal’s economic growth, it revealed on Thursday [...]

The Portuguese Government which has been allocated a total of €16.6Bn from the EU’s Resilience and Recovery Fund is to allocate €3Bn of the total next year. “One of the key strategies for [...]

Portugal will today get 1.960 million units in Special Drawing Rights (SDR) worth around €2.3Bn in a proportional distribution of its share in the International Monetary Fund (IMF). According to [...]