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Economy

Unemployment rate jumps to 7.2% in January

ECO News, 11:16

In the first month of the year, the unemployment rate rose to 7.2%, according to data released this Wednesday by the National Statistics Institute (INE).

https://econews.pt/2021/03/03/unemployment-rate-jumps-to-7-2-in-january/

Portugal’s public debt down to €269.8 billion in January

ECO News, 1 March 2021

The country's public debt registered a decrease of 600 million euros in January, down to 269.8 billion euros.

https://econews.pt/2021/03/01/portugals-public-debt-decreased-to-e269-8-billion-in-january/

INE: Portugal’s GDP contracted by 7.6% in 2020

ECO News, 26 February 2021

https://econews.pt/2021/02/26/ine-portugals-gdp-contracted-by-7-6-in-2020/

Thoughts On A New “Iberolux” Union

Paul Manuel, 26 February 2021

https://econews.pt/opinion/does-de-espanha-nem-bom-vento-nem-bom-casamento-still-apply-some-thoughts-on-a-new-iberolux-union/

Tax revenue down € 468M in January impacted by fall in VAT

Lusa, 26 February 2021

https://econews.pt/2021/02/26/tax-revenue-down-e-468m-in-january-impacted-by-fall-in-vat/

State support for small tourism companies boosted to €120M

Lusa, 23 February 2021

https://econews.pt/2021/02/23/state-support-for-small-tourism-companies-boosted-to-e120m/

RRP allocates €4.6B plus indirect support to companies

Lusa, 23 February 2021

https://econews.pt/2021/02/23/recovery-plan-allocates-e4-6b-plus-indirect-support-to-firms/

Unemployment jumps 32.4% in 12 months to January

Lusa, 22 February 2021

https://econews.pt/2021/02/22/unemployment-jumps-32-4-in-12-months-to-january/

TAP state aid can lead to “capital loss for taxpayers”

Lusa, 19 February 2021

https://econews.pt/2021/02/19/tap-state-aid-carries-high-risk-of-capital-loss-for-taxpayers/

Industrial production prices fall 3% year-on-year in January

Lusa, 18 February 2021

https://econews.pt/2021/02/18/industrial-production-prices-fall-3-year-on-year-in-january-ine/

Economy’s debt reaches new record high at the end of 2020

ECO News, 18 February 2021

https://econews.pt/2021/02/18/economys-debt-reaches-new-record-high-at-the-end-of-2020/

Trade with China swells 4.82% in 2020

Lusa, 17 February 2021

https://econews.pt/2021/02/17/trade-with-china-swells-4-82-in-2020-as-portugal-exports-19-6-more/

New golden visa rules in 2022. What will change?

Luís Alexandre, 16 February 2021

https://econews.pt/2021/02/16/new-golden-visa-rules-in-2022-what-will-change/

Portugal’s Q4 GDP registered fourth largest fall in the EU

ECO News, 16 February 2021

https://econews.pt/2021/02/16/portugals-q4-gdp-registered-fourth-largest-fall-in-the-eu/

Tourism revenues plunged 66.1% in 2020

ECO News, Lusa, 15 February 2021

https://econews.pt/2021/02/15/tourism-revenues-plunged-67-in-2020/

Layoffs, loss of VAT revenue “may cost €600M/month”

Lusa, 12 February 2021

https://econews.pt/2021/02/12/layoffs-loss-of-vat-revenue-may-cost-e600m-month-ministry-source/

Average monthly gross salary rises to €1,314 in 2020 – INE

Lusa, 11 February 2021

https://econews.pt/2021/02/11/average-monthly-gross-salary-rises-to-e1314-in-2020-ine/

Fruit, vegetable, plant exports rise 4.4% to €1.68B in 2020

Lusa, 11 February 2021

https://econews.pt/2021/02/11/fruit-vegetable-plant-exports-rise-4-4-to-e1-68b-in-2020/

Unemployment rate at 6.8% in 2020, below all forecasts

ECO News, 10 February 2021

https://econews.pt/2021/02/10/unemployment-rate-at-6-8-in-2020-below-all-forecasts/

Moody’s optimistic about Portugal’s ability to use EU funds

ECO News, 10 February 2021

https://econews.pt/2021/02/10/moodys-optimistic-about-portugals-ability-to-use-eu-funds-to-boost-recovery/

Portugal: 4th most benefited country by EIB support

ECO News, 9 February 2021

https://econews.pt/2021/02/09/portugal-was-the-4th-country-to-benefit-the-most-from-eib-group-support/

Government considers extension of company debt maturities

Lusa, 9 February 2021

https://econews.pt/2021/02/09/government-considers-extension-of-company-debt-maturities/

Exports of goods decreased by 10.2% in 2020

ECO News, 9 February 2021

https://econews.pt/2021/02/09/exports-of-goods-decreased-by-10-2-in-2020-imports-shrank-by-15-2/

Tourism sector “will recover fully but not this year” – DBRS

Lusa, 8 February 2021

https://econews.pt/2021/02/08/countrys-tourism-sector-will-recover-fully-but-not-this-year-dbrs/

Ranks 10th in EU minimum wage scale – Eurostat

Lusa, 5 February 2021

https://econews.pt/2021/02/05/ranks-10th-in-eu-minimum-wage-scale-eurostat/

Economy “better than expected” in 2020, now worsening

Lusa, 2 February 2021

https://econews.pt/2021/02/02/economy-better-than-expected-in-2020-now-worsening-government/

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