War in the Middle East

Several airlines have now cancelled around 13,000 flights because of growing fears of a lack of jet fuel. So far, Portuguese carriers are looking to Brazil to make up shortfalls, while TAP does [...]

Several Portuguese economists have criticised several arguments that Portugal’s government has been using to justify an extraordinary windfall tax on energy companies. The reactions come after [...]

Portugal is joining France and Spain to fast-track its energy transformation away from oil and gas dependence. Portugal already generally has 50% of its energy needs met by renewables, (eolic, [...]

Since joining the euro in 1999 Portugal’s economy has grown at only around 1% per annum while it’s companies have relied heavily on European Union handouts. With growth currently at 2% and [...]

Portugal’s central bank governor, Álvaro Santos Pereira says it is to early to say if the government could end up in the red this year. The governor of the Bank of Portugal, who spoke at a lunch [...]

The inflation rate accelerated to 2.7% in March, 0.6 percentage points higher than in February, mainly reflecting the increase in fuel prices, the National Statistics Institute (INE) announced [...]

History has shown that real estate investors tend to seek safer markets like Portugal during periods of greater international instability and wars. The same may be true in the current [...]

The escalating conflict in the Middle East is reigniting concerns among the CEOs of Portugal’s leading companies as they watch the effects of the crisis unfold on stock markets, the energy [...]

Portugal’s energy giant has admitted that the conflict in the Middle East could push up operational costs, particularly shipping and insurance costs. “It’s obvious that in the long term we will [...]