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Portugal's Productivity Crisis: Wages Rise While Output Falls, Squeezing Business Margins

Portugal's Productivity Crisis: Wages Rise While Output Falls, Squeezing Business Margins

Portugal closed 2025 with a troubling economic warning sign: productivity fell even as wages continued to climb, creating a cost squeeze that threatens the competitiveness of businesses and the sustainability of recent employment gains. According to...

Former President Cavaco Silva Demands Structural Reforms, Warns of Democratic Decay Without Economic Growth

Former President Cavaco Silva Demands Structural Reforms, Warns of Democratic Decay Without Economic Growth

Former President Aníbal Cavaco Silva issued a sharp warning this week that Portugal risks "deterioration of democratic quality" unless the Montenegro government pushes through structural reforms opposed by what he called a "reckless" parliament more...

Nova School of Business Moves to Split From Universidade Nova de Lisboa Over Language Rule Dispute

Nova School of Business Moves to Split From Universidade Nova de Lisboa Over Language Rule Dispute

Portugal's top-ranked business school is set to formally request independence from its parent university in a high-stakes divorce triggered by what administrators describe as bureaucratic constraints and a controversial Portuguese-language naming...

Markets, Business & Tech Briefing – March 27, 2026

Markets, Business & Tech Briefing – March 27, 2026

Markets & Economy Bank of Portugal Slashes Growth Forecast to 1.8% The central bank cut Portugal's 2026 GDP growth projection from 2.3% to 1.8%, citing Middle East conflict and Storm Kristin damage. Inflation forecast jumped to 2.8% from 2.1%. Oil...

The Portugal Brief – March 27, 2026

The Portugal Brief – March 27, 2026

Today's Portugal News Portugal Seeks Budget Surplus Hat Trick Portugal closed 2025 with a 0.7% budget surplus, continuing a streak of better-than-expected fiscal results driven primarily by strong employment and tax revenue growth. The robust labor...

Gouveia e Melo Launches Military Drone Cluster to Make Portugal an Export Powerhouse

Gouveia e Melo Launches Military Drone Cluster to Make Portugal an Export Powerhouse

Admiral Henrique Gouveia e Melo, the former Navy chief who ran for president earlier this year, is pivoting from military command to defense entrepreneurship with an ambitious plan: build a cross-border military robotics cluster that transforms...