EDP has maintained its top position holding 81% of the clientele in the free electricity market, but in January its market share dropped again, a trend that started being observed in January 2018.

The Portuguese minister of defence, João Gomes Cravinho, said in a written statement to Lusa news agency, that NATO is still the anchor for collective security 70 years after its foundation.

The minister for planning announced this Wednesday that €26bn of the EU funds were already given by the Commission, while €9bn (34%) have already been used in the projects chosen.

In their update of the Stability Programme, the government reviewed the country's economic performance, expecting less economic growth and a higher unemployment rate, at 6.6%, for 2019.

The government downwardly revised the GDP growth for 2019, from 2.2% to 1.9%. The new estimates from the Stability Programme show the deficit target will be met, at 0.2%.

The Angolan ministry of finance estimates the country's economy will grow by 0.4% this year, and by 3.2% in 2020 and 2021.

Investment in real estate in Lisbon hit a new record, reaching €5.92 billion in 2018, according to the Confidential Real Estate (Ci).

The Portuguese public debt reached €249.3 billion in February, having increased by €1.2 billion in comparison to the previous month of January, the BdP announced this Monday.

The public sector's deficit would be nill in 2018, if we exclude one-offs (the effect of temporary and non-recurring measures such as Novo Banco's capital injection).

The unemployment rate fell to 6.3% in February, the lowest rate since August 2002. The decrease, however, was motivated by a drop in the working population. The number of employed people went down.

Rents are increasing in Lisbon, rent prices went up by 27% in certain neighbourhoods. However, the place which showed the highest increase is not located in the country's capital.

Portugal’s former central bank governor Vítor Constâncio is to be questioned by MPs on Tuesday under the second parliamentary inquiry commission into the state-owned bank Caixa Geral de Depósitos.

The government collected €929m more in taxes in the first two months of this year than in 2018, according to the overview of the budgetary execution, published this Wednesday.

The consumer confidence indicator fell in March for the fifth consecutive month and the economic climate indicator went up slightly according to the National Statistics Institute.

The BdP on Thursday downgraded its projections for the country’s economic growth this year, saying that it sees GDP getting to 1.7% while maintaining projections for 2020 and 2021 (1.6%).

The Portuguese central bank (BdP) has downwardly revised the economic growth in the country, worried that the slowdown in the eurozone will make GDP grow by 1.6% or only 1%.

The tax burden went up to 35.4% of GDP in 2018, after reaching 34.4% of GDP in the previous year.

The submission of the tax annual returns begins on 1 April, and this year it is the first time it will last for three months, ending on 30 June.

The Portuguese debt management agency bought back €619 million in treasury bonds, and issued the same amount in bonds maturing in 2030.

Public debt stood at 0.5% last year, below the government's previous estimates, according to the National Statistics Institute.

EDP Ventures, the venture capital subsidiary of the Portuguese energy giant, EDP, decided to invest in Presenso, an Israeli AI company focused on predictive maintenance of industrial assets.

"Perhaps, for the first time in 20 years, the economic discussions will not focus on budget deficits", said the minister of Finance.

The vice-director of the IMF praised the decrease in unemployment but regretted that "so many jobs" offer the minimum wage to employees. A bet in innovation and exports can revert this, he noted.