PM downplays cost of holding WYD, points to immediate economic return
Portugal will benefit from “unimaginable projection”; “fruits of this event will continue over time” Portugal’s prime minister stressed on today that the World Youth Day event (WYD), which begins tomorrow
Portuguese firms trim expectations for 2023 exports to 0.5% nominal rise – INE
Portugal’s companies have downgraded their expectations for exports this year, and now see a nominal increase of 0.5%, or 0.6 of a percentage point less than previously expected, due to
Mastering tax efficiency – navigating tax responsibilities when relocating to Portugal
When it comes to financial planning after a move to Portugal, ensuring proper tax management should be a top priority. Doing so will help you to avoid overpaying taxes unnecessarily
Portuguese economy “asphyxiated by taxes”, blasts industry boss
Armindo Monteiro, the new president of CIP .- the confederation of Portuguese industry – has hit out at the level of taxation in this country which, he recognises, is asphyxiating
Finance minister delivers “good economic news”
Hopes inflation will come down to 3% “for several months”; public debt to fall below Spain, France Portugal’s finance minister Fernando Medina has delivered some good economic news to the
Economic relations with Angola still far from reaching potential – minister
Portugal’s foreign affairs minister, João Gomes Cravinho, believes that despite being “intense”, economic relations between Portugal and Angola are “still far from fulfilling their potential” and that the two countries
IMF forecasts Portuguese economy will grow 2.6%, with 5.6% inflation
The International Monetary Fund (IMF) forecasts growth of the Portuguese economy of 2.6% this year and stabilisation at around 2% in the medium term – pointing to inflation of 5.6%.
Economic activity in red post-Easter: Bank of Portugal
Economic activity in Portugal entered negative territory after Easter, where it remains, writes Expresso this morning, citing the DEI (daily economic activity indicator), calculated by the Bank of Portugal.
We are witnessing turning of the tides in Portugal’s economy – German chancellor
PS Socialists receive timely endorsement German chancellor Olaf Scholz has praised what he calls the “progressive” political leadership of the Secretary General of the Socialist Party, António Costa, in Portugal
Portuguese economy “13th slowest in world”
Even though Portugal’s economy has grown above the EU average in recent years, it will still reach the end of its third decade in the single currency with one of