Economy

Trade between Portugal and France rose to €16Bn in 2024 according to figures from the National Statistics Institute. (INE) French companies in Portugal are the main overseas employers in the [...]

The Chinese company CALB has confirmed that it will invest €2Bn in Portugal to build a new lithium battery factory at Sines. The launch of the project took place today (Monday) in Lisbon and was [...]

Portugal Rally (Rally de Portugal) generated €22.6 million of which €13.6 million came from VAT and €9 million from IPS fuel tax in 2024. “The amount represents a direct economic impact of 24.1% [...]

In December 2024, Portugal’s construction sector enjoyed the third highest output in terms of projects in the EU with a MoM increase of 3.6% while YoY it had the fourth largest increase (5.1%) [...]

Porto has once again done well in Financial Times rankings, this time as the Best European City for Foreign Direct Investment Attraction. It is the fourth year in which the city has been placed [...]

Text: Chris Graeme; Image: Fernando Bento (ICPT) Portugal’s Minister for Parliamentary Affairs warned that extremists are beginning to gain ground in the country’s political life on Tuesday. [...]

The Euro Zone’s economy grew 0.9% in 4Q of 2024 like-for-like according to the EU’s statistical office Eurostat on Friday. Portugal recorded the fourth highest year-on-year rate, in a ranking led [...]

Portuguese companies expect a 4.6% increase in exports of goods this year. The forecast is based on the uptick in exports registered between January and November 2024 when overseas sales grew by [...]

Portugal’s Minister of Finances, Joaquim Miranda Sarmento says that despite just over 50% of Portugal’s production output being exported abroad, the country still lagged behind many [...]

The CEO of EDP’s renewables arm EDPR (2.11%), Miguel Stilwell de Andrade, says that the Portuguese electricity company continues to see the United States as a major market for the company, [...]