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Amadora registered the highest increase in housing price in the first three months of the year. It has increased by 22.7% relative to the national average of 9.2%. Lisbon keeps registering the highest housing prices in the country, despite Amadora registering the most accentuated increase in those relative to the national average. According to the […]
Public debt dropped by 5.6Bn€ in June, after the payment of 8.1Bn€ in general obligation bonds during that month as reported by the Bank of Portugal. With such reimbursement, the public debt fell from 252.5Bn€ to 246.9Bn€. During last June, IGCP (Portuguese Treasury and Debt Management Agency) underwent the biggest amortization of the year by […]
There’s a saying in the Alentejo, the south central Portuguese region described as the heartland of the country, that life proceeds at the pace of the wind. But no one minds the leisurely pace; in fact, many, including expats, come here for that very reason, drawn also to the varying, compelling scenery—wheat fields, miles of […]
The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, growing above the EU average. The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, maintaining the same growth pace shown at the beginning of the year as well […]
Eurostat released the data recently. This data shows that the annual rate of inflation in the euro zone fell 1.3% in June to 1% in July. According to the published information, Portugal presented the lowest rate of single currency in EU zone. According to available data, it is necessary to go back until November 2016 […]
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 […]
Minister of the Environment says that Portugal will not dispense with the leadership in the decarbonization and that this will be even more evident when the data for 2019 are known. Portugal has taken the lead in European countries that are reducing carbon dioxide emissions by achieving a 9% reduction during the year 2018. This […]
In 2012, Portugal was forced to suffer in silence as IMF-engineered austerity took its toll on the country. However, a change of direction in recent years has revitalised and rejuvenated the nation’s economy. Portugal has managed to reverse the economic decline it found itself mired in just 7 years ago as it continues to go […]
Emerging Trends in Europe 2019 ranked the real estate markets in major European cities according to their overall investment and development prospects. With some of Europe’s major markets judged to be peaking, attention is shifting to smaller, dynamic cities: the “rising stars”. This year’s choice for overall prospects is Lisbon, rising 10 places to number […]