Economy

State took investments out of the “freezer” to face crisis

Lusa, 14:48

António Costa, Portugal's prime minister, said that the government took investments out of the "freezer" in a speech in which he defended resilience and patience in politics.

https://econews.pt/2021/04/14/state-took-investments-out-of-the-freezer-to-face-crisis/

OECD recommends that Portugal raise two types of taxes

ECO News, 10:46

The OECD believes Portugal should increase the environmental and property taxes once the economic recovery is underway.

https://econews.pt/2021/04/14/oecd-recommends-that-portugal-raise-environmental-and-property-taxes/

YoY inflation rate stable at 0.5% in March – INE

Lusa, 13 April 2021

https://econews.pt/2021/04/13/yoy-inflation-rate-stable-at-0-5-in-march-ine/

PM announces €252M for sea research, blue economy

Lusa, 12 April 2021

https://econews.pt/2021/04/12/pm-announces-e252m-for-sea-research-blue-economy/

Remittances from Switzerland surpass those from France

ECO News, 12 April 2021

https://econews.pt/2021/04/12/remittances-from-switzerland-surpass-those-from-france-for-the-first-time/

House prices jump 17.4% in first three months of 2021

Lusa, 7 April 2021

https://econews.pt/2021/04/07/house-prices-jump-17-4-in-first-three-months-of-2021/

Support measures for breaks in income to be extended

Lusa, 6 April 2021

https://econews.pt/2021/04/06/support-measures-for-breaks-in-income-during-lockdown-to-be-extended/

IMF sees Portugal’s economy growing 3.9% in 2021

ECO News, 6 April 2021

https://econews.pt/2021/04/06/imf-sees-portugal-growing-3-9-in-2021/

Ten years after the bailout, IMF still calls for reforms

ECO News, 6 April 2021

https://econews.pt/2021/04/06/ten-years-after-the-bailout-imf-still-calls-for-structural-and-labour-market-reforms/

Algarve hotels suffer worst occupancy rates in last 25 years

Lusa, 5 April 2021

https://econews.pt/2021/04/05/algarve-hotels-suffer-worst-march-occupancy-rates-in-last-25-years/

Pandemic cost 1.9% of Portugal’s GDP in 2020

Lusa, 5 April 2021

https://econews.pt/2021/04/05/pandemic-cost-1-9-of-portugals-gdp-in-2020/

Higher demand for golden visas before rule change

Lusa, 5 April 2021

https://econews.pt/2021/04/05/law-firms-see-more-demand-for-portugal-golden-visas-before-rule-change/

Portugal’s unemployment rate stood at 6.9% in February

ECO News, 5 April 2021

https://econews.pt/2021/04/05/portugals-unemployment-rate-stood-at-6-9-in-february/

Public debt soars up to €274.1 billion in February

ECO News, 1 April 2021

https://econews.pt/2021/04/01/public-debt-soars-up-to-e274-1-billion-in-february/

CPI annual rate of change stood at 0.5% in March

ECO News, 31 March 2021

https://econews.pt/2021/03/31/cpi-annual-rate-of-change-stood-at-0-5-in-march/

Portugal’s Retail Trade Turnover fell to 14.5% in February

ECO News, 30 March 2021

https://econews.pt/2021/03/30/portugals-retail-trade-turnover-fell-to-14-5-in-february/

Central bank maintains 3.9% economic growth in 2021

ECO News, 26 March 2021

https://econews.pt/2021/03/26/portugals-central-bank-maintains-3-9-economic-growth-in-2021/

Pandemic impacts economic growth this year

Lusa, 26 March 2021

https://econews.pt/2021/03/26/pandemic-impacts-economic-growth-this-year-joao-leao/

Tax burden on Portugal’s GDP at 34.8% in 2020

ECO News, 26 March 2021

https://econews.pt/2021/03/26/tax-burden-increased-to-new-record-of-34-8-of-gdp-in-2020/

Country’s deficit reaches 5.7% of GDP in 2020

ECO News, 26 March 2021

https://econews.pt/2021/03/26/the-countrys-deficit-jumps-to-5-7-of-gdp-in-2020/

Country’s deficit climbs to €2.50B in February

Lusa, 25 March 2021

https://econews.pt/2021/03/25/countrys-deficit-climbs-to-e2-50b-in-february/

Portugal: One of most dependent countries on intra-EU trade

ECO News, 25 March 2021

https://econews.pt/2021/03/25/portugal-is-one-of-most-dependent-countries-on-intra-eu-trade-in-2020/

Support for business, families totalled €1.091B in Jan, Feb.

Lusa, 25 March 2021

https://econews.pt/2021/03/25/pandemic-support-for-business-families-totalled-e1-091b-in-jan-feb/

Remittances from Portuguese in Angola fall 15.5% in January

Lusa, 24 March 2021

https://econews.pt/2021/03/24/remittances-from-portuguese-in-angola-fall-15-5-to-e19-2m-in-january/

Portugal could receive €1.8B from IMF Special Drawing Rights

Lusa, 23 March 2021

https://econews.pt/2021/03/23/possible-e1-8b-from-imf-special-drawing-rights/

Portugal’s house prices increased 8.4% in 2020

ECO News, 23 March 2021

https://econews.pt/2021/03/23/house-prices-in-portugal-increased-8-4-in-2020/

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Economy

State took investments out of the “freezer” to face crisis

OECD recommends that Portugal raise two types of taxes

YoY inflation rate stable at 0.5% in March – INE

PM announces €252M for sea research, blue economy

Remittances from Switzerland surpass those from France

House prices jump 17.4% in first three months of 2021

Support measures for breaks in income to be extended

IMF sees Portugal’s economy growing 3.9% in 2021

Ten years after the bailout, IMF still calls for reforms

Algarve hotels suffer worst occupancy rates in last 25 years

Pandemic cost 1.9% of Portugal’s GDP in 2020

Higher demand for golden visas before rule change

Portugal’s unemployment rate stood at 6.9% in February

Public debt soars up to €274.1 billion in February

CPI annual rate of change stood at 0.5% in March

Portugal’s Retail Trade Turnover fell to 14.5% in February

Central bank maintains 3.9% economic growth in 2021

Pandemic impacts economic growth this year

Tax burden on Portugal’s GDP at 34.8% in 2020

Country’s deficit reaches 5.7% of GDP in 2020

Country’s deficit climbs to €2.50B in February

Portugal: One of most dependent countries on intra-EU trade

Support for business, families totalled €1.091B in Jan, Feb.

Remittances from Portuguese in Angola fall 15.5% in January

Portugal could receive €1.8B from IMF Special Drawing Rights

Portugal’s house prices increased 8.4% in 2020