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Finance minister promises tax bonanza
Socialist parties are usually known for taxing taxpayers to the hilt, but not in the case of Portugal’s governing PS socialist party which has pledged to make a major tax giveaway; perhaps the [...]
Socialist parties are usually known for taxing taxpayers to the hilt, but not in the case of Portugal’s governing PS socialist party which has pledged to make a major tax giveaway; perhaps the [...]
Portugal’s Minister of Finance may have a major headache on his hands over controversies at Lisbon City Council and over airline TAP, but Fernando Medina does have reasons to be cheerful when it [...]
Alantra, which represents VIC Properties in Portugal, has now received 20 unbinding offers for various properties and tracts of land in what could end up being the biggest property deal of 2022. [...]
Portugal’s public debt fell to €273.8Bn in October, down €6.1Bn on September, reflecting the paying down of treasury guilts according to the Bank of Portugal. After a peak of almost €279.9Bn [...]
The ratings agency Moody’s has warned Portugal that it will fail to meet its deficit target if it extends financial support to companies beyond the first quarter of next year. It is says that it [...]
Overseas concerns that Portugal’s housing market might be overheated raised its head again this week. This time the concerns were not from analysts but the European Commission, which in its [...]
The Council of Public Finances (CFP), an independent public spending watchdog led by Nazaré da Costa Cabral, foresees a debt and deficit higher than government forecasts. The CFP states in a [...]
Last week, addressing a group of hoteliers and hospitality sector leaders at a the annual AHRESP Congress (Associação da Hotelaria, Restauração e Similares de Portugal) a secretary of State [...]
Portugal’s finance minister Fernando Medina believes that this year the public debt will fall, returning to pre-pandemic figures. Without revealing concrete amounts, Medina says that this [...]
Portugal’s finance minister Fernando Medina ambitions to take Portugal off the podium of EU countries which have the highest level of national debt. It was a pledge made by one of his [...]