Investment in real estate in Lisbon hit a new record, reaching €5.92 billion in 2018, according to the Confidential Imobiliário. (Ci). Lisbon’s real estate continues to break new records. Last year, the investment in the Urban Rehabilitation Area (ARU) of Lisbon amounted to €5.92 billion, the equivalent to 13,150 transactions, according to data from the […]
According to the World Travel & Tourism Council (WTTC) report, tourism grew by 8.1% in 2018, obtaining the highest rate among European Union (EU) countries and also one of the highest among all European countries. According to the printed edition of Jornal de Negócios, last year the estimated direct impact on the Portuguese economy was […]
“Until the end of 2018, we will pay the totality of this debt to the IMF”, the PM announced at the Parliament this Thursday morning. Portugal will pay the remaining of the debt from the IMF by the end of this year, the Prime Minister, António Costa, announced in a speech at the Parliament this […]
Portugal’s economy will continue to grow above the European Union average, helped by the country’s ability to attract investment, Economy Minister Pedro Siza Vieira said. “We’ve seen for the past eight quarters Portugal growing above the EU average and we expect this to continue,” Siza Vieira said in a Bloomberg Television interview at the Web […]
Rating agency Moody’s on October 5th, 2018 pushed Portugal’s sovereign credit rating back into investment-grade territory for the first time since 2011, citing a decline in the country’s debt burden. The agency raised Portugal’s rating one notch to Baa3 from Ba1 and changed its outlook to “stable” to “positive”. Moody’s attributed the move to two […]
