ECB President Christine Lagarde defends recent interest rate hikes as a necessary response to rising inflation, while global economic experts gather in Sintra to discuss monetary policy challenges.
On the sidelines of the European Central Bank's (ECB) annual forum in Sintra, several members of the ECB's governing council revealed that the decision regarding interest rates for the single currency remains undecided between a hike and a pause. Joachim Nagel, president of the German Bundesbank, was the most direct in ruling out...
This Monday, the global financial elite gathers in the Sintra mountains. For three days, Christine Lagarde, the newly arrived head of the US Federal Reserve (Fed), Kevin Warsh, and the remaining cardinals of monetary policy will debate artificial intelligence, global trade, and the future of Europe with the solemnity of those who guard the great...
The main European stock markets opened this Wednesday's session with slight gains, while the price of oil is seeing a slight decline, in the context of new clashes following the crash of a US helicopter in the Strait of Hormuz. The Lisbon stock exchange accentuated the upward trend from the opening, with the main index...
The European Central Bank's annual forum in Sintra, Portugal, will focus on the theme 'Shaping Europe's future: innovation, growth and stability'. The three-day event will feature debates on artificial intelligence, the economic impact of immigration, and the challenges of digital currencies, alongside a panel discussion with central bank leaders.
The regulation controlling foreign state subsidies for companies bidding on European projects has targeted Chinese investors and may impact other public works tenders.
European Commission Vice-President Raffaele Fitto is visiting Lisbon and the Azores from Wednesday, the 8th, to Friday to discuss the future of cohesion policy and the EU's strategy for outermost regions. During his visit, Fitto will meet with Foreign Minister Paulo Rangel, Minister of Economy and Territorial Cohesion Manuel Castro Almeida, President of the Regional Government of the Azores José Manuel Bolieiro, and Mayor of Lisbon Carlos Moedas. The visit will focus on the new framework for cohesion policy investments for the 2028-2034 budget, the mid-term review of cohesion policy, and the future of National and Regional Partnership Plans. Additionally, Fitto will discuss EU support for Portugal via the Solidarity Fund to address damage from earlier storms, while Bolieiro will urge the government to ensure the EU maintains specific funding for outermost regions.
A delegation of MEPs visited Lisbon to analyse projects and meet with officials to evaluate the progress, governance, and impact of the RRP in Portugal.
The implementation of Mário Draghi's recommendations remains slow, limiting investment, productivity, growth, and employment in Europe, according to the Reform Barometer by BusinessEurope, the largest European business confederation, of which the CIP–Confederation of Portuguese Business is a member. 'Only about 11% of the recommendations presented by Draghi in September 2024 have been implemented to date,' says Rafael Alves Rocha, Director-General of the CIP, in a statement. This situation leads the organization to assert that 'political messages in defence of competitiveness are not enough; urgent measures are needed to clearly and immediately alleviate the burden on companies.' The topic will be debated at the conference 'European Competitiveness 18 months after the Draghi Report,' taking place tomorrow (March 17) at the Bank of Portugal's Money Museum in Lisbon. The event, organized with the support of the CIP, will feature the participation of the Assistant Secretary of State and Budget, João Maria Brandão de Brito. The debate will focus on the most urgent challenges for European growth, with contributions from officials from the Bank of Portugal, BusinessEurope, academia, financial institutions, and the CIP. Economists and representatives from the business sector are also expected to attend. The 2026 edition of the Reform Barometer, one of the main European publications dedicated to analyzing economic reforms and EU competitiveness, will be on the table, the statement says. This study is published annually and analyzes the performance of European economies in areas such as public finance, business environment, innovation and skills, access to finance, taxation, financial stability, and the labor market. In this edition, the barometer reveals that nearly 60% of national confederations, members of BusinessEurope, have a more favorable opinion of the European Commission's competitiveness and growth agenda than a year ago. However, only 19% of respondents point to an improvement in the EU's investment environment, while more than half see no change. About a third state that conditions have worsened. The conference program includes debates on the state of EU competitiveness in a context of increasing global competition, the next Multiannual Financial Framework and the role of cohesion policy in supporting investment, and the development of the Savings and Investments Union. Navigator heads towards the future with bets on tissue paper and coffee capsules; footwear sector invests 50 million to position itself as a supplier to the European military sector.
Lisbon, 8 January 2026 (Lusa) — The Lisbon stock exchange closed higher today, with the PSI index rising 0.09% to 8,486.79 points, in a Europe that was mostly positive.
The European Council today gave the “green light” to the revision for the simplification of the Recovery and Resilience Plan, submitted to Brussels at the end of October, announced the Mission Structure Recover Portugal.