Latest news and stories about economic indicator in history in Portugal for expats and residents.
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Former Bank of Portugal governor warns that the country faces record-high tax burdens and significant budgetary deviations, necessitating a major shift in the upcoming State Budget to align with EU requirements.
Finance Minister Joaquim Miranda Sarmento's proposal for a new windfall tax faces skepticism due to the historical failure of similar measures and the government's tendency to make 'temporary' taxes permanent, as seen with the CESE and Stamp Duty.
Gold climbed above the historic US$5,000-per-ounce threshold for the first time, trading at US$5,029.39 (€4,238.50) around 23:40 on Sunday. The rally, which has persisted for about two years, is being driven primarily by safe‑haven demand amid geopolitical, trade and monetary-policy uncertainty tied to Donald Trump’s presidency and by a weakening US dollar. The move underscores gold’s role as an inflation and risk hedge and has implications for asset allocation, currency-sensitive investors and central‑bank policy expectations.
The EU has responded firmly to President Trump’s announcement of tariffs on several European countries over the Greenland dispute, expressing solidarity with Denmark and warning of a “dangerous spiral” that could damage transatlantic relations and even lead to suspension of parts of the trade agreement with the US. France, Sweden and the UK have rejected intimidation and pledged a coordinated European response, while the President of the European Council is coordinating a joint position and EU leaders have convened an emergency meeting to weigh diplomatic, economic and political options.
An analysis of Portugal's position within the European context, published by the news outlet Observador.
Statements from the key figures at the conference celebrating the 150th anniversary of Caixa Geral de Depósitos, for which Expresso served as a media partner.
