Latest news and stories about economic indicator in government in Lisboa, Portugal for expats and residents.
The appointment of the new deputy governor for the Bank of Portugal has been postponed until after the summer, with the official arrival expected in the autumn.
Economist Ricardo Reis predicts that inflation will peak between 3% and 3.5% following his participation in the ECB Forum in Sintra.
This Tuesday features key economic updates including INE's June inflation estimates, the deadline for IRS tax filings, and the second day of the European Central Bank's annual forum in Sintra.
Portugal has fallen three positions in the European Union's GDP per capita rankings.
The UGT national secretariat convenes to discuss labour law reform, while the Assistant Secretary of State and Energy addresses Parliament on the Middle East conflict's economic impact, alongside the Public Finance Council's latest report.
This Wednesday features the ECO Festival's 10th-anniversary celebration, a parliamentary debate with the Prime Minister, the release of INE's April housing evaluation survey, and the publication of the financial stability report.
Key events for Thursday include INE transport data, Glintt Global's Q1 earnings, the eRadar defence conference at CCB, and Elon Musk's closing arguments in the OpenAI legal case.
This Wednesday features key economic data releases from the INE, a parliamentary hearing for Joaquim Miranda Sarmento, the election of the Nova University of Lisbon rector, and significant institutional inaugurations alongside political debates.
Nobel laureate in Economics James A. Robinson argued today in Lisbon that the social contract is not being fulfilled because the State is not functioning as it should, which he said has consequences for investment.
Nobel laureate in Economics James A. Robinson argued today in Lisbon that the social contract is not being fulfilled because the State is not functioning as it should, which he said has consequences for investment.
James A. Robinson argued that it is important to compel the State to meet its deadlines.
The country is dealing with a silent catastrophe, implying a significant but underreported crisis.
The chief executive of BCP, Miguel Maya, said today there is “no victory” following the Constitutional Court's decision regarding the bank's contributions to the Resolution Fund and maintains his concerns.
The Minister of Economy, Manuel Castro Almeida, called this Tuesday for “one last effort” for Portugal to fully comply with the Recovery and Resilience Plan (RRP) by August 31, during a speech at the Champalimaud Foundation auditorium in Lisbon, on the occasion of the presentation of the 10th payment request for the programme. “If no accidents occur...
The growth results from the estimated increase in the number of subscribers to the Audiovisual Contribution, with no adjustments for inflation being considered.
The PSD parliamentary leader stated that the country is at a “turning point” and that the Government is only “at the beginning of its journey,” while criticising the “right-wing populism” of Chega and the “statist greed” of the PS. Speaking at the closing of the joint PSD/CDS-PP parliamentary sessions in Cascais, Soares expressed confidence in the stability of the legislature, highlighting the need to accelerate convergence with the European Union and improve competitiveness to raise wages. He also defended the coalition's negotiation efforts, describing them as a balancing act to maintain principles while seeking consensus, and accused the opposition parties of political immaturity.
The ECB Forum brought the world's most powerful central bankers back together in Sintra. Interest rates, inflation, Kevin Warsh's debut at the Fed, and the impact of artificial intelligence: we explain the key takeaways from three days that the markets followed minute by minute.
Over the last three days, central bankers, economists, analysts, and journalists headed to Sintra to debate the main challenges of monetary policy, innovation, and economic growth. But while the European Central Bank's (ECB) traditional annual forum has Christine Lagarde as its main face, it was her American counterpart, Kevin Warsh, who ended up stealing the spotlight...
ECB forum concludes with a debate between the four leaders of the world's largest central banks. Independence was once again a key topic.
Kevin Warsh, the new chair of the US Federal Reserve, asserted the institution's independence during the ECB Forum in Sintra, Portugal, dismissing pressure from Donald Trump to cut interest rates. Warsh emphasized that the Fed remains committed to price stability and an inflation target of 2%, despite Trump's previous criticism of his predecessor, Jerome Powell. Meanwhile, ECB President Christine Lagarde concluded the forum with a lighthearted remark about an AI-generated speech, while discussions throughout the event highlighted the potential economic impacts of artificial intelligence and the role of immigrants in boosting investment and productivity.
The chair of the US Federal Reserve (Fed), Kevin Warsh, reinforced this Wednesday at the European Central Bank (ECB) annual forum in Sintra the institution's commitment to price stability, noting that inflation expectations have decreased since the beginning of his term. “Inflation expectations throughout the first...
Former Finance Minister Mário Centeno warned today that “patience is the scarcest thing in modern societies,” arguing that measures with unattainable goals fuel people's frustrations, which are then exploited by populists.
The drop in oil prices has encouraged some of those present at the European Central Bank (ECB) Forum, which is taking place in Sintra until Wednesday. However, the optimism is cautious, with warnings that energy costs will remain high and that the energy shock will continue to impact the economy. Oil prices...
The euro rose again today to the 1.14 dollar level, at a time when uncertainties remain in the Middle East and several central banks are meeting in Sintra.
European Central Bank President Christine Lagarde defended the recent interest rate hike to 2.25% at the ECB Forum in Sintra, noting that while Europe is showing resilience to economic shocks, the durability of the US-Iran agreement remains uncertain, leaving future monetary policy decisions open.
In her opening speech at the ECB Forum in Sintra, Christine Lagarde guarantees that the European economy is more resilient to shocks and, therefore, any “adjustments” to interest rates will be “measured”.
The president of the European Central Bank (ECB), Christine Lagarde, rejected this Monday that the 25 basis point interest rate hike at the institution's last meeting served as a “safety” measure, justifying that keeping rates constant would have left inflation above 2% next year and in 2028. “There were those who characterized the...
The President of the European Central Bank (ECB), Christine Lagarde, believes that monetary policy has entered a new phase, returning to the “essentials”, after the response to crises over the last decade and a half involved the use of unconventional instruments, such as debt purchasing. “In the last 15 years, a context of extraordinary pressures required responses...
This forum is an annual event organised by the ECB and held in Sintra, Portugal, which brings together central bank governors, academics, and financial market representatives.
This Monday marks the start of the annual European Central Bank Forum in Sintra. The INE will measure consumer confidence, and the OECD will present the results of a survey on the factors determining trust in public institutions for 2026. Also highlighting the day are the data from the Banco de Portugal regarding...
