Please enter your username or email address. You will receive a link to create a new password via email.
“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. […]
Italian government bonds are increasingly seen as riskier investments given the anti-establishment Cabinet and its public spending plans — so much so, that Italian bonds are moving closer to being seen to be as risky as Greece’s. The yield on the 10-year Italian government bond is currently at 3.58 percent — the highest level in over five years. The […]
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 […]
Lisbon is the capital of Portugal and its largest city, with a population of over 500,000. Located on the southeast coast, it is the country’s main port and its political and commercial centre. Lisbon has experienced significant challenges in the past, particularly in 1755 when an earthquake demolished the entire city. More recently, the global […]
House prices in the Euro Area and the European Union increased 4.2 and 4.5%, respectively, in the last quarter of 2017. Portugal had the second largest annual increase (10.5%) of the Euro Area. House prices in the Euro Area increased 4.2% in the last quarter of 2017, according to data published this Wednesday by Eurostat. As […]
Now in its 24th year, the annual World Travel Awards celebrate excellence across diverse sectors of the travel, tourism and hospitality industries. 2017 saw countries like Ecuador, Chile and Bolivia being celebrated for their unique offerings, while Portugal scooped a number of major prizes that will no doubt add fuel to the country’s rapidly growing reputation as […]