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Economy

Home Economy Page 8

Wide sandy beach in white city of Albufeira, Algarve, Portugal|Hourglass on the background of the Portugal flag, the concept of time and countries, space for text

Current NHR tax holders in race against time to mitigate future tax burdens

New report reveals that as many as 73% of current NHR tax holders in Portugal risk progressive tax rates of between 28% to 48% if they don’t structure their income

January 2, 2024by Portugal ResidentIn Algarve News, Business News, Economy

Portugal described as “form of economic miracle”

Country ‘basks’ in two positive endorsements in same day With the country’s political parties already in ‘campaign mode’ ahead of the dissolution of parliament, the outgoing government received two undeniable

November 22, 2023by Natasha DonnIn Economy, Portugal News
President Marcelo

Portuguese economy “still a long way from taking off” – president

Marcelo speaks in Moldova as INE releases latest flash estimate President of the Republic, Marcelo Rebelo de Sousa, is on the last leg of his official visit to Moldova today

October 31, 2023by Natasha DonnIn Economy, Portugal News

IMF projects public sector budget deficits for 2023, 2024, not surplus

The International Monetary Fund on Wednesday has said today that it expects Portugal this year to have a public sector budget deficit equivalent to 0.2% of gross domestic product, with

October 11, 2023by Natasha DonnIn Economy, IMF, Portugal News
slow-economy

IMF official praises fiscal squeeze despite ‘modest’ growth outlook

A senior official at the International Monetary Fund has warned that it foresees “quite modest” economic growth for Portugal in the coming years, while praising the contractionary fiscal policy of

October 11, 2023by Natasha DonnIn Economy, IMF, Portugal News
turtle

Economy slows down in third quarter

The Portuguese economy lost speed in the third quarter, according to the CIP/ISEG Economic Climate Barometer released today, which predicts “the same trajectory” for the last quarter of the year,

October 4, 2023by Natasha DonnIn Economy, Portugal News
euro notes on the floor

Inflation drops slightly in September

The year-on-year rate of change in the Consumer Price Index was 3.6% in September, 0.1 percentage points less than in August, according to the flash estimate released by Statistics Portugal (INE) on Friday.

September 29, 2023by Michael BruxoIn Economy, Inflation, Portugal News
Prime Minister AntĂłnio Costa

PM hails impact of revised €22 billion recovery plan on economy

“Portugal is always exceptional in exceptional moments,” said PM Prime Minister António Costa has hailed the impact of the revised version of Portugal’s Recovery and Resilience Plan (RRP, or PRR

September 27, 2023by Michael BruxoIn AntĂłnio Costa, Economy, Portugal News
Cooling of global economy “threatens 30 billion euros worth of Portuguese exports”

Portuguese economy expected to slow in coming quarters – analysts

Portugal’s Forum for Competitiveness believes that the performance of the Portuguese economy will slow down markedly over the next few quarters, making it difficult to achieve the growth target set

September 6, 2023by Natasha DonnIn Economy, Portugal News
wine bottle and glass

Portuguese economy lacklustre through August

The Portuguese economy has pretty much stagnated, even through August, writes Expresso today: “after going through the main part of July and the beginning of August below levels registered in

August 25, 2023by Natasha DonnIn Economy, Portugal News
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