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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.

90% of Portuguese AI Users Say It Makes Them More Productive — But Only 18% Fear Losing Their Jobs

90% of Portuguese AI Users Say It Makes Them More Productive — But Only 18% Fear Losing Their Jobs

Portuguese workers who use artificial intelligence tools report overwhelming productivity gains, with nearly 90% saying AI helps them complete tasks faster and 84% reporting improved work quality. Yet despite these transformative effects, only 18%...

Portugal Notified for Three New EU Infringements—And the Pattern Is Getting Harder to Ignore

Portugal Notified for Three New EU Infringements—And the Pattern Is Getting Harder to Ignore

The European Commission has once again placed Portugal in the dock. Last week, Brussels initiated three new infringement proceedings against the country for failing to transpose EU directives in the areas of economy, banking, and justice. It's not...

EU Approves €1.5 Billion Defense Industry Package—With Direct Implications for Portugal

EU Approves €1.5 Billion Defense Industry Package—With Direct Implications for Portugal

The European Commission approved a €1.5 billion defense industry support package on Monday, marking the EU's most aggressive push yet to strengthen its military manufacturing base—and for the first time, Ukraine will participate in an EU defense...