Economy

As smoke rises over Tehran and retaliatory strikes rattle Gulf airports, the economic aftershocks of the US-Israeli military operation against Iran are already reaching European shores. For Portugal, a country that imports virtually all of its oil...

Foreign direct investment flowing into Portugal fell sharply last year, dropping to 8.51 billion euros from 13.07 billion euros in 2024 -- a decline of nearly 35 per cent, according to figures released by the Bank of Portugal on Friday. The data,...

Standard & Poor's kept Portugal's sovereign credit rating at A+ on Friday but upgraded the outlook from "stable" to "positive" — a move widely interpreted as a precursor to yet another ratings improvement in the months ahead. The decision caps a...

Portugal's national statistics institute, the INE, confirmed on Friday that the country's economy expanded by 1.9 per cent in real terms during 2025 -- a solid performance, though a step down from the 2.2 per cent growth recorded in 2024. In nominal...