Portugal hosts Eurogroup and Ecofin
Portugal, as host country of the European Union rotating presidency, will hold informal meetings of the ministers of Finance of the Euro Zone (Eurogroup) and the European Union (Ecofin) this [...]
Climate neutrality by 2050
The EU Council and the European Parliament reached a provisional political agreement that clearly defines the goal of a climate-neutral Union by 2050, as well as a joint, net greenhouse gas [...]
Bazooka not enough says Constâncio
A former vice president of the European Central Bank and ex-Governor of the Bank of Portugal says he is “disappointed” at the EU’s financial response to the Covid-19 pandemic. Vítor Constâncio [...]
Portuguese EU Presidency
One of the top priorities of the Portuguese Presidency is to promote a European recovery leveraged by climate and digital transitions. Accelerating digital transformation at the service of [...]
Portugal’s Recovery plan with 36 reforms
Portugal’s Recovery and Resilience Plan involves 36 reforms and 77 investments in areas including measures to tackle climate change and promote digital transition. The amount of investment [...]
€1.7Bn EU ‘bazooka’ funding arrives by summer
Portugal is to receive the first tranche worth €1.7Bn from a €13.2Bn ‘bazooka’ economic aid package to help kickstart the country’s economy by the start of this summer. However, [...]
Brussels forecasts 4.1% GDP growth for 2021
The European Union has revised Portugal’s GDP growth downwards to 4.1% for 2021 based on negative growth for the first quarter of the year. It instead estimates that the economy will only return [...]
