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 […]
“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 was voted Europe’s leading destination for the second year in a row at the World Travel Awards. The awards ceremony took place on 30th June in Athens, Greece. Also last year’s winner, this year Portugal competed against countries such as Austria, England, France, Germany, Greece, Ireland, Italy, Norway, Spain, Sweden, Switzerland and Turkey. Portugal […]
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 […]
Portugal has been ranked 19th in the latest EF Education First English proficiency rankings. Compiled by EF Education First, the list is drawn on data from 1.3 million non-native English speakers in 88 countries and regions. For the fourth time in eight years, Sweden tops the EF English Proficiency Index, bumping last year’s top-scorer, the […]
Prime minister António Costa said that the country would see investments of over €5 billion under the Portugal 2020 project – a partnership agreement undertaken between Portugal and the European Commission. “The state is responsible for creating better conditions for investment”, Costa said at the inauguration of plastics company Roclayer, in Vila Velha de Ródão. […]
