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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.

Socialist Cost-of-Living Resolution Voted Down — Carneiro Accuses Right-Wing Bloc of Allowing State to Profit From Price Rises

Portugal's parliament voted down a Socialist Party resolution calling for measures to protect families from rising living costs. PS leader José Luís Carneiro accused PSD, Chega, IL, and CDS-PP of allowing the 'immorality' of the state profiting from price increases at citizens' expense.

Portugal Faces EUR 4 Billion Cut in Next EU Budget as Brussels Proposes 12 Per Cent Reduction for 2028-2034

An internal European Parliament analysis shows Portugal's allocation under the proposed 2028-2034 EU budget would fall from EUR 32.9 billion to EUR 28.9 billion — a 12 per cent cut. Social programmes face the steepest decline at 64 per cent.

Starting a Business in Portugal in 2026: Company Types, Registration, Taxes, and What Every Founder Needs to Know

Portugal has positioned itself as one of Europe's most entrepreneur-friendly destinations — home to Web Summit, a growing startup ecosystem, generous tax incentives for foreign talent, and a cost base that remains well below London, Paris, or Amsterdam. But starting a business here involves navigating Portuguese bureaucracy, tax obligations,

Portugal Asks Brussels to Reallocate EUR 516 Million in Recovery Plan Funds — Braga Metro and Renewable Energy Licensing Dropped

The Revision Portugal has submitted a formal request to the European Commission to reallocate EUR 516 million within its Recovery and Resilience Plan (PRR), dropping projects that cannot be completed by the programme's hard deadline of August 2026 and redirecting the funds toward investments with a better chance

CGTP Calls National Strike for April 17 — Construction Unions Join Mass Walkout Against Government Labour Package

A Full-Day Walkout Portugal's largest trade union confederation, the CGTP-IN, has called a national strike and mass demonstration for April 17 — a full-day walkout running from midnight to midnight — in what is shaping up to be the most significant...