EU

The European Commission has revised Portugal’s growth for 2021 upwards to 4.5% and 5.3% for 2022. In the four months since it last reviewed Portugal’s economic growth, it revealed on Thursday [...]

The Portuguese Government which has been allocated a total of €16.6Bn from the EU’s Resilience and Recovery Fund is to allocate €3Bn of the total next year. “One of the key strategies for [...]

Portugal will today get 1.960 million units in Special Drawing Rights (SDR) worth around €2.3Bn in a proportional distribution of its share in the International Monetary Fund (IMF). According to [...]

The seasoned Portuguese political commentator, politician and lawyer Luís Marques Mendes reflects on the shifting geopolitical, economic and technological landscape which will define the next [...]

Portugal’s presidency of the European Council got off to an uncertain start. The transition period for Brexit ended on January 1, and Portugal and Europe were plunged into a second lockdown, but [...]

Portugal’s minister for the Economy Pedro Siza Vieira confirmed this week that the development bank, Banco de Fomento will be capitalised with an extra €250 million while funds from the EU [...]

Around 40% of European funds aimed to help make Portuguese companies more productive and competitive in International markets was wasted. According to a study, 40% of ERDF funds were awarded to [...]

Portuguese bank Millennium bcp has signed two agreements, one with the Portuguese Industrial Association (AIP) and the other with the Portuguese Farmers Confederation (CAP) which will provide the [...]

Portuguese Finance Minister João Leão believes that the five EU member states that have yet to ratify a €312Bn ‘bazooka’ package to rescue and rebuild Europe’s economy after the Covid-19 [...]

Portugal has to accelerate its decarbonisation programme by 20% in order to meet European Union targets according to a report from McKinsey & Company. EU countries have to reduce their carbon [...]