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Find out the latest news on featuring top financial and economic updates.

Economy

Tourist revenues in Portugal increase 8.7% in January

Portugal’s tourism revenues in January set a new record for the first month of the year, reaching €1,542.15 million. This represents an 8.7% increase compared to the €1,418.78 million recorded in January 2024,

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posted on 25.03.2025

Economy

Bank of Portugal boosts growth forecast amid political turmoil and upcoming election

The Bank of Portugal raised its 2025 economic growth forecast for the country to 2.3% on Thursday, up from the 2.2% prediction made in December,

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posted on 21.03.2025

Politics

Portugal government defeated in confidence vote amid conflict-of-interest scandal

Portugal may be heading toward its third general election in three years after Prime Minister Luis Montenegro's centre-right government lost a vote of confidence on Tuesday.

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posted on 13.03.2025

Economy

Portugal's unemployment drops to lowest level in over two years

Portugal's unemployment rate declined to 6.2% in January 2025, down from 6.4% in December 2024, according to provisional estimates from Statistics Portugal.

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posted on 04.03.2025

Economy

Tourist revenues in Portugal increase 8.7% in January

Portugal’s tourism revenues in January set a new record for the first month of the year, reaching €1,542.15 million. This represents an 8.7% increase compared to the €1,418.78 million recorded in January 2024,

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posted on 25.03.2025

Economy

Bank of Portugal boosts growth forecast amid political turmoil and upcoming election

The Bank of Portugal raised its 2025 economic growth forecast for the country to 2.3% on Thursday, up from the 2.2% prediction made in December,

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posted on 21.03.2025

Politics

Portugal government defeated in confidence vote amid conflict-of-interest scandal

Portugal may be heading toward its third general election in three years after Prime Minister Luis Montenegro's centre-right government lost a vote of confidence on Tuesday.

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posted on 13.03.2025

Economy

Portugal's unemployment drops to lowest level in over two years

Portugal's unemployment rate declined to 6.2% in January 2025, down from 6.4% in December 2024, according to provisional estimates from Statistics Portugal.

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posted on 04.03.2025

Economy

Portugal sees 19% surge in FDI in 2024, reaching €13.2bn

Foreign direct investment (FDI) in Portugal rose to €13.2 billion last year, with €3.5 billion linked to real estate, according to the Bank of Portugal on Wednesday.

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posted on 27.02.2025

Economy

Portugal achieves historic €9.3bn external surplus in 2024

Portugal's economy recorded an external surplus of €9.3 billion in 2024, marking 3.3% of its GDP, a historic high since records began, as reported by the Bank of Portugal earlier this week.

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posted on 20.02.2025

Economy

Portugal sees 5.2% growth in tourist arrivals in 2024

Preliminary data from the National Institute of Statistics (INE) shows that in 2024, tourist accommodation establishments in Portugal recorded 31.6 million guests and 80.3 million overnight stays

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posted on 17.02.2025

Economy

Environmental goods and services make up 4.3% of Portugal’s exports

Portugal’s environmental goods and services sector accounted for 5.6% of production and 4.3% of Portuguese exports in 2022, according to the National Statistics Institute (INE) this week.

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posted on 07.02.2025

Economy

Portugal's 2024 growth surpasses government forecast

Portugal's economy grew by 1.5% in Q4, driving its full-year growth to 1.9%, slightly surpassing the government's forecast, according to official data released on Thursday.

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posted on 05.02.2025

Economy

Portugal’s economic growth poised to accelerate, says finance minister

Portugal's economy experienced faster growth in the fourth quarter, according to preliminary indicators, bolstering the government's optimism that the country's economic expansion in 2025 will surpass that of 2024

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posted on 16.01.2025

Economy

OECD boosts Portugal's 2024 economic growth forecast to 1.7%

The Organisation for Economic Co-operation and Development (OECD) has raised its growth forecast for the Portuguese economy this year to 1.7%,

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posted on 05.12.2024

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