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economy

economy

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.

Brussels Evaluates Portugal's Request for EU Solidarity Fund Aid After EUR 5.3 Billion in Storm Damage

Brussels Evaluates Portugal's Request for EU Solidarity Fund Aid After EUR 5.3 Billion in Storm Damage

The European Commission is reviewing Portugal's application to the EU Solidarity Fund after seven consecutive storms between January and February caused more than EUR 5.3 billion in damage to homes, hospitals, schools, ports, and power networks.

Qatar's JTA Fund Targets EUR 150 Million Investment Pipeline in Portugal — Tourism, Green Energy, and Infrastructure

Qatar's JTA Fund Targets EUR 150 Million Investment Pipeline in Portugal — Tourism, Green Energy, and Infrastructure

A Qatar-based private equity group has assembled a EUR 150 million pipeline of investments targeting Portuguese tourism, green energy, and infrastructure — appointing a Lisbon-based country manager to deploy 'patient capital' across the country.

CFP Warns Portuguese Salaries Now Outpace Output — Wage Bill to Hit 48.5 Per Cent of GDP, Highest Share Since at Least 1995

CFP Warns Portuguese Salaries Now Outpace Output — Wage Bill to Hit 48.5 Per Cent of GDP, Highest Share Since at Least 1995

Portugal's independent fiscal watchdog has issued an unusual warning about the country's labour market — and it is not about unemployment. The Conselho das Finanças Públicas (CFP) projects that compensation of employees will reach 48.5 per cent of...