Latest news and stories about economic impact in Portugal for expats and residents.
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The US president said he will impose a 10% import duty from February on goods from eight European countries, citing their opposition to US control of Greenland.

The President of the European Council says he is coordinating a joint position of the Member States, after Donald Trump announced tariffs against European countries that rejected US control of Greenland.
Shifts in geopolitical dynamics involving China and the United States are seen as encouraging the finalisation of the agreement.
The promise was made in August and is now official: Formula 1 returns to the Algarve in 2027. But what does this return mean for the Portuguese economy? Listen to the new episode of 'Economy Day by Day', a daily podcast by Expresso, hosted by Juliana Simões.

Vanpro, a supplier to Autoeuropa for three decades, has ceased industrial operations after the German group's company chose another supplier for the seats of the new Volkswagen hybrid car earlier this year. “Today we close the story of Vanpro, located in the Autoeuropa Industrial Park, in the heart of the automotive sector,” ...

The tourism sector is rejoicing over the return of Formula 1 to the Algarve, highlighting its significant economic benefits and the global visibility it brings to the region.

In 2024, fraudulent activities resulted in significant property losses, amounting to over 65 million euros.

“We are here as the city of Porto, but with strong support from the Portuguese government, because we believe that Porto has exceptional conditions to host this European agency, which is of extraordinary relevance for the entire European space, for the continent, and can even have a very significant global impact,” said ...

IAPMEI - Agency for Competitiveness and Innovation has ordered the payment of a 50% advance on the incentive for beneficiaries of the mobilising agendas of the PRR, describing it as a “just act” towards entrepreneurs. On October 2, IAPMEI announced this advance, which will have an impact of 75 million...
