Latest news and stories about expat finances in Sintra, Lisboa, Portugal for expats and residents.
Economist Ricardo Reis predicts that inflation will peak between 3% and 3.5% following his participation in the ECB Forum in Sintra.
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.
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.
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...
The ECB raised rates this month, which had not happened in three years. The trajectory until the end of the year will depend on the evolution of the war in the Middle East, but markets anticipate another increase.
The tax that was applied to electricity producers has been abolished. The Council of Ministers approved on Wednesday the decree-law that ends the competitive balance mechanism, also known as clawback. In a press conference following the Council of Ministers meeting in Sintra, the Minister of the Presidency emphasized that the government ...
