Portugal's public finances closed 2025 in better shape than almost anyone predicted. Data published on Thursday by the National Statistics Institute (INE) shows the country ran a budget surplus of 0.7 percent of gross domestic product last year, up...
A major study published this week in the Bank of Portugal's March Economic Bulletin offers the most comprehensive picture yet of immigration's impact on the Portuguese labour market, and it challenges several popular assumptions about who benefits...
The Public Prosecutor's Office has charged Isaltino Morais, the long-serving mayor of Oeiras, along with 22 co-defendants including council members and municipal employees, with embezzlement and abuse of power over an alleged scheme involving...
Portugal's Council of Ministers approved a sweeping new bill on March 19 that would dramatically expand the state's power to detain and deport undocumented immigrants. If parliament passes the Law on the Return of Foreigners, the maximum detention...
The Bank of Portugal has cut its 2026 economic growth forecast from 2.3 percent to 1.8 percent, citing the Iran war and winter storms. In an adverse scenario, growth could fall below 1.5 percent while inflation surges past 4 percent.
The Bank of Portugal delivered a sobering update on Wednesday, revising its 2026 GDP growth projection from 2.3 percent to 1.8 percent and warning that the balance of risks tilts firmly to the downside. The central bank's quarterly Economic Bulletin...
Two weeks into his presidency, Antonio Jose Seguro has made his first significant organisational move: 18 appointments to the Casa Civil, the operational nerve centre of the Presidency of the Republic. The choices, published this week and effective...
