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        By Christopher Graeme
        In Cryptocurrencies, News, Payment services
        Posted 20 Novembro, 2024

        Shift4 allows Portuguese traders to be paid in crypto currencies

        Shift4 (NYSE:FOUR), a global leader in payment processing technology, just announced “Pay with Crypto,” a pioneering solution that allows businesses worldwide to accept cryptocurrencies in one [...]

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        0
        By Christopher Graeme
        In House prices, Housing market, News, Property
        Posted 20 Novembro, 2024

        Foreigners invest €464 million in housing in Lisbon’s Urban Rehabilitation Area

        In the first six months of 2024 overseas investors spent €464 million on buying 800 residential properties in the Lisbon Urban Rehabilitation Area (LURA). The total number of properties purchased [...]

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        0
        By Christopher Graeme
        In Associations, AWARD, Economy, News
        Posted 20 Novembro, 2024

        Portugal’s Economists Association honours former minister

        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 [...]

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        0
        By Christopher Graeme
        In Economy, External trade, News, Trade
        Posted 20 Novembro, 2024

        Portugal’s overseas trade surplus hits record in Q3

        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 [...]

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        0
        By Christopher Graeme
        In Banks, BPI, News
        Posted 20 Novembro, 2024

        CaixaBank rules out Portugal acquisitions

        The CEO of Spain’s CaixaBank, Gonzalo Gortázar Rotaeche, has ruled out any plans to make acquisitions in the Portuguese banking market, instead opting to continue to grow organically. The Spanish [...]

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        0
        By Christopher Graeme
        In Banks, News, Ratings agencies
        Posted 20 Novembro, 2024

        Portugal’s “strong economy” leads Moody’s to improve ratings of seven Portuguese banks

        The ratings agency Moody’s has improved the ratings of seven Portuguese banks because of “improved operational conditions” in Portugal which led to Portugal’s macroeconomic rating being raised to [...]

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        0
        By Christopher Graeme
        In EU Convergence, Growth, News
        Posted 20 Novembro, 2024

        Portugal enjoys greater convergence with EU average as Portugal’s economy grows at double the rate expected

        Portugal is expected to continue to grow above the European Union (EU) average until 2026, in a cycle of economic convergence that is higher than that estimated for most member states. But this [...]

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        0
        By Christopher Graeme
        In Fundraising, Funds, Housing, News
        Posted 18 Novembro, 2024

        Emergency Housing Fund has had €100 million for a year

        Almost a year after the ‘green light’ was given by Portuguese MPs, an Emergency Housing Fund remains unimplemented. The proposal to amend the State Budget for 2024 (OE2024) provides for the use [...]

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        0
        By Christopher Graeme
        In Exports, News
        Posted 18 Novembro, 2024

        Portuguese SMEs export record €130 million using Amazon

        The exports of Portuguese small and medium-sized companies on Amazon surpassed the threshold of 130 million euros for the first time last year. The figure implies a growth of more than 25% in [...]

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        0
        By Christopher Graeme
        In Companies, Franchising, News
        Posted 18 Novembro, 2024

        Franchising sector creates 3% more jobs in 2024

        Employment in the franchising sector continues to grow in Portugal. After increasing 4.8% last year, having surpassed the 185,000 jobs threshold, it is expected to grow “between 2% and 3%” for [...]

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