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.
📋 In This Edition * Five Stocks Rose and the Index Rose With Them, Because They Were the Right Five * Mota-Engil Takes Its First ExxonMobil Work in Mozambique, at 207 Million Dollars * Goldman Sachs
Eurostat's third estimate of the second quarter puts Portuguese employment up 1.0 percent on the quarter, the best in the EU, and 2.2 percent on the year, third behind Malta and Spain. The catch is that the workforce grew faster than output did.
The PCP leader told the Quinta da Atalaia that a Socialist green light on the 2027 budget would confirm complicity and release Chega from having to give one. Tuesday's censure motion went unmentioned.
Vesam builds from October and runs from mid-2027, roughly doubling its pre-assembly and testing area. Defence is 20 percent of turnover, space is starting, and more than 95 percent of the work goes abroad.
ANAREC projects diesel up about 15 cents and petrol about 10 from Monday, clearing the 2.131 euro record set in April. The government widened the ISP discount three cents on Friday and ruled out a VAT cut.
The first Azorean government took office on 8 September 1976, four days after the assembly elected that June, under a 33-year-old Mota Amaral. Fifty years on the design has held and the funding has not, and a working group has eighteen months to rewrite the regional finances law.
📋 In This Edition * OPEC+ Stops Adding Barrels, and October Is the Month It Stops * Where the Index Actually Stands Going Into Monday * Portugal Sells Bonds on Wednesday, and the ECB Meets the
