News Blog

Money

Portugal back to fiscal health, says EU

Portugal back to fiscal health, says EU

Portugal is the latest bailed-out Eurozone country to receive a clean bill of health from the European Commission after its budget deficit fell to 2% of GDP last year. Read more...

Foreign Investment Interest in Algarve Booms

Foreign Investment Interest in Algarve Booms

There seems to be a great deal of enthusiasm directed at investing in Portugal... Read more...

Golden Visas Overcome Lull to Generate €1.6b, with Stable Growth Projected

Golden Visas Overcome Lull to Generate €1.6b, with Stable Growth Projected

Now in 2016, less than two years later, that total has skyrocketed to over 1.6bn Euros... Read more...

Chinese Businesses See Portugal as One of the Top Investment Destinations in Europe

Chinese Businesses See Portugal as One of the Top Investment Destinations in Europe

A recent study has ranked Portugal as the fourth most popular European investment destination for Chinese investors... Read more...

Lisbon’s Investment Real Estate Exceeds Expectations

Lisbon’s Investment Real Estate Exceeds Expectations

Lisbon more desirable than London or Milan... Read more...

French Investors are Increasingly Becoming Interested in Portugal

French Investors are Increasingly Becoming Interested in Portugal

The popularity of Portugal as an international business and investment destination is growing... Read more...

Portugal prices ‘close to stabilising’

Portugal prices ‘close to stabilising’

Buyer demand and transactions are increasing in Portugal. Prices are rising in the Algarve and staying stable in Lisbon. Read more...

Portugal Passes Economy Review Earlier than Expected

Portugal Passes Economy Review Earlier than Expected

A review of the Portuguese economy by international lenders received approval six months earlier than planned... Read more...

Light at the End of the Dark Economic Tunnel for Portugal

Light at the End of the Dark Economic Tunnel for Portugal

There is good news coming from Portugal nowadays! Read more...

Signs of Economic Recovery in Portugal

Signs of Economic Recovery in Portugal

Figures published recently show that the Portuguese economy recorded an annual growth rate of 1.1%... Read more...

Portuguese Banks Get EC Approval for Restructuring Plans

Portuguese Banks Get EC Approval for Restructuring Plans

Recently, the European commission decided to allow restructuring plans for 3 different Portuguese banks including CGD, BPI, and BCP. The commission concluded that the banks all work out just fine with EU state aid rules... Read more...

Hope, life and new found love as unemployment figures fall again in Portugal

Hope, life and new found love as unemployment figures fall again in Portugal

Prime Minister Pedro Passos Coelho is fighting a battle as he cuts government spending and raises taxes to try and counter the ever increasing unemployment... Read more...

ANJE Applauds Initiative to Simplify Corporate Tax

ANJE Applauds Initiative to Simplify Corporate Tax

The Associação Nacional de Jovens Empresários (ANJE), the Portuguese national association of young entrepreneurs, applauded the proposal of a simplified corporate tax system... Read more...

IMF Assessing Portugal’s Results of the Quarterly Bailout Review

IMF Assessing Portugal’s Results of the Quarterly Bailout Review

The board of the International Monetary Fund (IMF) will be discussing the results of assessments conducted by its own officials in coordination with the officials from the European Commission and the European Central Bank... Read more...

Government Ecstatic Over Jump in Exports

Government Ecstatic Over Jump in Exports

Portugal is experiencing a surge in exports for 2013 so much so that, for the first time since World War II... Read more...

Bank of China to Open in Portugal

Bank of China to Open in Portugal

For the first time, the Bank of China will open a branch in Portugal in March, which is a major step forward for the two trading partners... Read more...

Euro Zone’s Economic Crisis Ends in 2013, Portugal Experiences Growth

Euro Zone’s Economic Crisis Ends in 2013, Portugal Experiences Growth

The euro zone will reverse the trend of economic slowdown in 2013, according to the economic forecasting and consultancy company Moody’s... Read more...

Positive Financial Signs For Portugal

Positive Financial Signs For Portugal

Good Financial Signs for Portugal as the Trade Balance is Positive for the First Time... Read more...

Portugal Steps Back from the Financial Brink as A New Bailout Tranche is Approved

Portugal Steps Back from the Financial Brink as A New Bailout Tranche is Approved

Oct 2012 saw Finance Ministers in Europe agree a new distribution of cash to help to keep the Portuguese economy in motion... Read more...

Is there a way to solve the hike in property rates in Portugal?

Is there a way to solve the hike in property rates in Portugal?

In the light of public opposition to the IMI measures that were announced, that they are now examining ways to mitigate the changes... Read more...

Is the financial outlook for Portugal set to get better?

Is the financial outlook for Portugal set to get better?

There are signs that the financial outlook for Portugal is set to get better... Read more...

Bank of China Set for Its Portugal Branch

Bank of China Set for Its Portugal Branch

The Bank of China, one of the large four state-owned commercial banks of the People’s Republic of China, may soon open its doors in Portugal... Read more...

Portugal Offers Financial Aid to Get Europe through Hard Times

Portugal Offers Financial Aid to Get Europe through Hard Times

On September 27, 2012, the Portuguese Council of Ministers confirmed the country’s willingness to get involved in... Read more...

The Incentive Measure to Employment Offers Acceptance

The Incentive Measure to Employment Offers Acceptance

This program will help to provide employment for individuals receiving unemployment benefits wherein the benefits in question are actually lower than minimum wage... Read more...

Primary Alteration To New Urban Lease Regime

Primary Alteration To New Urban Lease Regime

On 14th August 2012, Law 31/2012 has gone into effect which approves the new Urban Lease Regime Read more...

Property in Portugal Is Driven By Fear and Greed

Property in Portugal Is Driven By Fear and Greed

The former managing director of Chase Investment Bank in London, Roger Abraham, spent twenty three years as a resident in Qunita do Lago has shared his views on financial and property markets.. Read more...

All-time Low Interest Rates Set to Prevail in the Coming Years

All-time Low Interest Rates Set to Prevail in the Coming Years

During their March 2012 monetary policy meeting, Bank of England (BoE) officials decided to hold the status quo where interest rates are concerned.... Read more...

Portugal Holidays Offer Best Value For Money In Europe, UK Study Finds

Portugal Holidays Offer Best Value For Money In Europe, UK Study Finds

This incredible country has just been voted the best value for money tourist destination in Europe. Read more...

Price on Application: Portugal Property

Price on Application: Portugal Property

Property for sale in Portugal: Price on Application Read more...

Currency Update: Monday 11th October

Currency Update: Monday 11th October

The Bank of England left its monetary policy unchanged last week. This gave the pound a small lift but again mainly against the weaker USD. Read more...

Portugal: Currency Exchange - September 30th

Portugal: Currency Exchange - September 30th

September 2010 - Currency Exchange update Read more...

Foreign Exchange markets

Foreign Exchange markets

It seems that Sterling is proving extremely resilient in the Foreign Exchange markets. Read more...

Investing in Portugal

Investing in Portugal

Portugal is and always will be just a few hours by plane with its mild climate, friendly people and a history of treasures and marvellous natural beauty. It’s still one of the safest places in the world; no terrorism, no war and it’s very rare to see serious crimes that now dominate the UK & Irish media. Read more...

Historic Growth and Stability in Portugal

Historic Growth and Stability in Portugal

Portugal has not made overnight gains to set pulses racing. Growth in prices have been seen near the coast and in sought-after locations like the Golden Triangle in the Algarve. Also the Silver Coast has seen an excellent increase from relatively low investments. Read more...