Government approves corporate tax reduction
The measure is part of the "Accelerate the Economy" program approved on Thursday. On Thursday, the Government approved an economic...
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9 de jul.2 min de leitura
Portugal is big in America
US tourism in Portugal grows by more than 16%. North American tourists now lead hotel occupancy in Lisbon, according to new data...
13 de jun.2 min de leitura
Amorim luxury launches probe into hotel fire
The JNcQUOI House, Amorim Luxury first hotel, was due to open in the summer, but is unlikely to open any time soon after it was partially...
13 de jun.2 min de leitura
Parliament approves tax exemption for first-time buyers
On Wednesday, the Parliament approved the government's bill to exempt young people under the age of 35 from Municipal Property Transfer...
6 de jun.3 min de leitura
Inflation up in May
After a two-month slowdown, the inflation rate in Portugal rose from 2.2% in April to 3.1% in May. According to the National Statistics...
6 de jun.2 min de leitura
25% of Portuguese companies already use foreign labour
The Bank of Portugal (BdP) reveals that in 2023, 22.2% of companies based in Portugal employed foreign workers. This is a significant...
30 de mai.2 min de leitura
Government presents package of youth measures
Last Thursday, the Council of Ministers approved a series of measures focused on youth, split between five major areas: Youth income tax...
30 de mai.2 min de leitura
Retirement age to hit 66.7 in 2025
It's confirmed: the average life expectancy has risen again, which means that the legal retirement age will increase next year, reaching...
23 de mai.3 min de leitura
Historic digital platform workers' ruling annulled
The first Portuguese court ruling to recognise an employment contract between a courier and a digital platform has just been annulled....
23 de mai.1 min de leitura
Lisbon ranks third in world for congresses
Lisbon was the third city in the world with the most congresses in 2023, according to the ICCA - International Congress and Convention...
16 de mai.1 min de leitura
European Commission revises Portugal's growth up
The European Commission’s spring economic forecasts, released this Wednesday in Brussels, show an improvement in Portugal’s economic...
16 de mai.5 min de leitura
Rents up, house prices down
A week after the Government presented its new housing strategy, "Construir Portugal: Nova Estratégia para a Habitação", new data painted...
9 de mai.2 min de leitura
Government approves new housing strategy
On Thursday, the Council of Ministers adopted a new "housing strategy", emphasising that the concrete measures will be presented and...
9 de mai.2 min de leitura
EDP Group's profits jump in the first trimester
The EDP group closed the first three months of 2024 with profits of 354 million euros, the electricity company said on Thursday in a...
2 de mai.1 min de leitura
Portugal among the main winners of the first European hydrogen bank auction
The first auction of the European hydrogen bank selected seven projects that will be supported with around 720 million euros, and among...
2 de mai.1 min de leitura
Portugal's GDP grows 1.4% from 2023, while inflation subsides
Portugal's economy maintained its steady growth rate at 0.7% in the first quarter from the preceding three months, although year-on-year...
25 de abr.1 min de leitura
Porto's oldest grocery store to close
The Mercearia do Bolhão, located on Rua Formosa in Porto, will close on April 30. A shop belonging to the Spanish chain Ale-Hop will open...
25 de abr.3 min de leitura
Unemployment at highest level since Covid
In the first quarter of 2024, Portugal saw the biggest increase in the unemployment rate since the worst moment of the pandemic (first...
18 de abr.1 min de leitura
Portuguese footwear industry becomes 2nd largest in Europe
The Portuguese footwear industry has overtaken Spain to become the second largest footwear producer in Europe in 2022, with 85 million...
18 de abr.1 min de leitura
Lisbon to double tourism tax
Lisbon City Council will introduce a €2 hike on the city’s tourist tax, effectively doubling it from €2 to €4, and includes cruise ship...
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