Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.
It has been one month since the US-Israel military operation against Iran effectively closed the Strait of Hormuz, the narrow waterway through which roughly a fifth of the world's oil
Finance ministers from Portugal, Spain, Germany, Italy, and Austria have written to the European Commission demanding a bloc-wide levy on energy companies profiting from the Iran war.
Diesel prices across Europe have surged more than 30 percent since the outbreak of the Middle East conflict, hitting levels not seen since the early months of Russia's invasion of Ukraine in 2022. In Portugal, the government responded on Friday with...
A decade ago, Portuguese banking was synonymous with crisis. The collapse of Banco Espírito Santo in 2014, the costly restructuring of Novo Banco, and a state-owned Caixa Geral de Depósitos weighed down by political lending -- these were the...
Portuguese homeowners with variable-rate mortgages are facing unwelcome news this Easter: monthly repayments are going up. The Euribor rate -- the benchmark used in the vast majority of Portuguese mortgage contracts -- has reversed its downward...
A year after President Trump's sweeping tariff regime first hit European exports, the impact on Portugal's wine industry is becoming impossible to ignore. US tariffs on EU wine -- currently at 15 percent after being hiked from an initial 10 percent...
The long-running saga of TAP Air Portugal's privatisation entered a decisive new phase this week after IAG, the owner of British Airways and Iberia, confirmed it would not submit a bid for the airline. That leaves just two European aviation giants...
