Growth

One of Portugal’s top bankers has lamented that Portugal is unlikely, in his opinion, to grow its economy sustainably more than 2%. Miguel Maya, the CEO of high street bank Millennium bcp, said [...]

The International Monetary Fund (IMF) revised its estimate for Portuguese economic growth downwards on Tuesday, from 2.1% to 1.9% for this year. This forecast represents a downward revision of [...]

Portugal’s exports and not consumer spending was what most drove the economy on the whole in 2025. According to data from the National Statistics Institute (INE) released on Friday, the [...]

One of Portugal’s largest business and industry associations, the Business Confederation of Portugal (CIP) has forecast that Portugal’s growth is on track to hit 2% this year. The organisation [...]

Portugal’s National Statistics institute (INE) revised Portugal’s growth upwards on Tuesday with the economy growing a further €6.6Bn for 2023 and 2024 in real terms. And Portugal’s economy grew [...]

Portugal’s president, Marcelo Rebelo de Sousa praised Portugal’s economic growth and financial stability in New York last week, adding that the country offered “stability and [...]

Portugal’s overseas trading and investment bureau AICEP says that faced with a growing scenario of economic stagnation in the Euro Zone, Portugal’s exports would have to grow 3.4% per year to [...]

The Euro Zone’s economy is on track to grow 0.9% in 2025 with Portugal’s GDP growing 1.7% in the same period according to a new study from KPMG. Despite KPMG’s forecasts of a slight recovery for [...]

The leader of Portuguese populist party Chega – now the leading opposition party in the parliament – André Ventura, has accused the Governor of the Bank of Portugal, Mário Centeno, of [...]

Expectations that Portugal can grow its economy beyond 1.6% for 2025 continue to be limited according to the Bank of Portugal’s May bulletin after its downward revision to 1.6% last week from [...]