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Launched last year, the first edition of Techstars’ acceleration program conquered foreigners from all over the world. Some even decided to remain in Portugal. Olivier Le Lann lost himself counting the number of people he contacted with during the three months of the acceleration program. The idea of creating EVA was born in Seoul, South […]
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 […]
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 […]
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 […]
“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 […]
The sale price of houses in mainland Portugal increased by 15.6% in September, according to the Confidencial Imobiliário Residential Price Index. In monthly terms, the rise was 1.3%, according to the publication that tracks the change in transaction prices in the residential market. The September figures confirm that prices in the housing market continue to […]
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. […]