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Portuguese economy

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Europe

EU gives Spain, Portugal more time on deficits

The European Commission has shied away from punishing Spain and Portugal over their excessive budget deficits.

The European Commission has shied away from punishing Spain and Portugal over their excessive budget deficits.

Europe

EU OK's Portuguese government's spending plans

Portugal’s new socialist government has seen its first ‘anti-austerity’ budget approved by the European commission. Since 2013, the EU executive has

Portugal’s new socialist government has seen its first ‘anti-austerity’ budget approved by the European commission. Since 2013, the EU executive has

News

Portugal given back four public holidays

Four public holidays have been reintroduced in Portugal, two years after they were axed in an austerity drive. The new Socialist government obtained

Four public holidays have been reintroduced in Portugal, two years after they were axed in an austerity drive. The new Socialist government obtained

Business

Will anti-austerity Portugal become the new Greece?

Is Portugal about to take the same path as Greece? That’s the question being asked as the country’s new Socialist government was sworn in promising

Is Portugal about to take the same path as Greece? That’s the question being asked as the country’s new Socialist government was sworn in promising

Business

Start-up city: why Lisbon is luring entrepreneurs

Lisbon has much to offer the multitudes of tourists who visit every year but it’s now also proving attractive to entrepreneurs. Under a special

Lisbon has much to offer the multitudes of tourists who visit every year but it’s now also proving attractive to entrepreneurs. Under a special

News

Portugal's government precarious, income gap widens

As the cheering dies down, Pedro Passos Coelho’s victory is laced with defeat after Portugal’s legislative elections a few weeks ago (Oct. 4th). He

As the cheering dies down, Pedro Passos Coelho’s victory is laced with defeat after Portugal’s legislative elections a few weeks ago (Oct. 4th). He

Europe

Bailout ballot: Portuguese election stokes austerity debate

The coming Portuguese general election raises themes of austerity, reform and growth that Europe has become all too familiar with in recent years

The coming Portuguese general election raises themes of austerity, reform and growth that Europe has become all too familiar with in recent years

News

BES: angry savers clamour for their cash in Portugal

Angry customers clamour to get their savings back from the collapsed Portuguese bank Espirito Santo. It is a battle of “Davids versus a Goliath”

Angry customers clamour to get their savings back from the collapsed Portuguese bank Espirito Santo. It is a battle of “Davids versus a Goliath”

News

Portugal weighs prizes and pain of four years of austerity

Portugal quit its 78-billion euro bailout scheme last May, having signed up to a rescue plan in 2011 as its borrowing costs soared. By 2012 they

Portugal quit its 78-billion euro bailout scheme last May, having signed up to a rescue plan in 2011 as its borrowing costs soared. By 2012 they

Business

Portugal's bailout lenders review 2015 budget and reforms

Inspectors from the so-called troika – the International Monetary Fund, the European Union and the European Central Bank – are back in Portugal for

Inspectors from the so-called troika – the International Monetary Fund, the European Union and the European Central Bank – are back in Portugal for