Portugal had the third highest growth (1.9%) compared to the third quarter of 2023, among the countries for which data has already been released. The Eurozone economy grew 0.4% in the third [...]
According to the IMF’s Fiscal Monitor published on Tuesday, public debt will fall to 94.4% this year and 89.8% next year, which compares with forecasts of a ratio of 95.9% of GDP this year and [...]
The economic impact of golf in Portugal from 2019-2023 amounted to €4.2Bn, about 1.6% of national GDP in 2023. The sport directly contributed €120 million to the nation’s GDP. Most of the value [...]
The Government is preparing to change the structure of the administration of Portugal’s development bank, Banco do Fomento, in November, according to Jornal Económico in a report today. The [...]
The Government forecasts a growth of the Portuguese economy of 1.8% this year and 2.1% in 2025, according to the macroeconomic scenario of the State Budget for 2025 (OE2025) delivered on Thursday [...]
Text and Photos: Chris Graeme Portugal, with its knowledge, expertise, and geography, is well-placed to become a trailblazer in the bioeconomy that will be one of the key drivers underpinning the [...]
Fitch kept Portugal’s rating at ‘A’ unchanged on Friday but improved the outlook from stable to positive. The decision comes after in March the North American rating agency did not change [...]
Portugal’s Minister of the Economy, Pedro Reis has defined the main markets where Portugal will seek to attract investors. The list of markets is not closed, but has priorities says the minister [...]
Key Portuguese economists think it highly unlikely that Portugal’s economy can grow more than 2% for 2024 as a whole. The opinions come after the government has estimated that the economy could [...]
The ratings agency DBRS has maintained the ratings for Madeira and the Azores at ‘investment grade’ and has improved the ‘outlook’ of Madeira’s economy because of the region’s [...]
