About: Portugal

Economy & Jobs 08-07-2020

Italy will not accept ‘weak compromise’ on EU recovery fund, PM says

Italian Prime Minister Giuseppe Conte said on Tuesday (7 July) the European Union must act decisively to build a common response to the economic crisis caused by the COVID-19 pandemic, urging that support measures be activated rapidly.
Economy & Jobs 19-06-2020

Portugal pushes ahead with plans for state-owned development bank

Portugal's government approved on Thursday (18 June) plans to create a state-owned development bank to channel funds into certain companies and sectors to bolster the economy.
Future EU 17-06-2020

Trio-presidency programme: A relay with a German sprint

Germany, Portugal and Slovenia presented their joint EU presidency programme for the next 18 months on Tuesday (16 June), seeking to focus primarily on social recovery in the wake of the pandemic. Despite expectations, the 31 pages are otherwise filled with little substance. EURACTIV Germany reports. 
Economy & Jobs 12-06-2020

Centeno: Portugal today has a credible economic and budgetary policy

In his last interview as Portugal's finance minister, Mário Centeno, who is also the outgoing president of the Eurogroup, talked to the Portuguese broadcast RTP about his mandates, the relation with Prime Minister (PM) António Costa and the possibility of becoming the new governor of the Bank of Portugal.
Aviation 10-06-2020

Portugal’s €1.2bn airline bailout given EU blessing

The Portuguese government’s decision to grant national airline TAP a €1.2 billion rescue loan was approved by the European Commission’s competition authorities on Wednesday (10 June), which cited the carrier’s crucial role in the country’s tourism sector.
Economy & Jobs 09-06-2020

Mario Centeno quits Eurogroup post, Portuguese government

Portuguese Finance Minister Mário Centeno, the Eurogroup's president, has resigned from government, following a period of less than idyllic relations with Prime Minister António Costa, and will be replaced by state secretary for budget João Leão.
Economy & Jobs 09-06-2020

Costa e Silva: Portugal’s surprising choice for new economic masterplan

The controversial appointment of the largely unknown Costa e Silva as the man who should draft Portugal's economic plan for the next decade has become a key talking point in the country.
Economy & Jobs 08-06-2020

Portuguese economy to shrink nearly 7% in 2020 due to coronavirus

Portugal's tourism-dependent economy is expected to shrink by nearly 7% this year due to the effects of the coronavirus outbreak, the government said in its economic and financial stability programme published late on Saturday (6 June).
Circular economy 18-05-2020

Portugal suspends foreign trash imports to cope with own waste surge

Portugal, which usually attracts huge mounds of rubbish from other European states because of its low waste management fees, has suspended imports of trash until the end of 2020 to protect domestic landfill capacity, the government said on Saturday (16 May).
Economy & Jobs 14-05-2020

Portuguese land borders with Spain remain closed until 15 June

The land borders between Portugal and Spain will remain closed until 15 June due to the COVID-19 pandemic, according to the Portuguese Council of Ministers’ resolution published this Wednesday (13 May). The control of the land borders between the countries...
Politics 02-05-2020

Portuguese workers leave home to celebrate coronavirus-style Labour Day

Hundreds gathered in Portugal's capital Lisbon on Friday to celebrate Labour Day, observing strict social distancing rules in a smaller-than-usual event to show solidarity with those left jobless due to the coronavirus outbreak.
Aviation 15-04-2020

Portugal mulls nationalising its flag-carrier

Portugal may need to nationalise its flag carrier TAP and other companies badly hit by the economic impact of the coronavirus outbreak, Prime Minister Antonio Costa said on Tuesday (14 April).
Health 10-04-2020

Iberian stories on European cohesion

Looking back thirty years, one can find images like those seen today on the Spanish-Portuguese border. Crossroads under surveillance, roads shut down… images that only the elderly remember and that will soon be forgotten again. Thousands of Spaniards and Portuguese...
Economy & Jobs 06-04-2020

Portugal’s coronavirus cases grow, half a million workers at risk of lay off

Confirmed coronavirus cases in Portugal pushed past the 10,000 mark on Saturday (4 April), while government data showed more than half a million Portuguese workers were at risk of being temporarily laid off due to the outbreak.

Golden visas and passports still widespread in Europe, study finds

Citizenship and residence-for-pay schemes continue to be widespread across the EU, according to a new report, which calls on the European Commission to propose EU-wide rules to phase out golden passports while taking action against governments that operate schemes in breach of EU law.
Health 04-02-2020

Portugal government tackles foreign trash issue amid wave of indignation

Reacting to people who spoke out against trash from other countries being dumped in Portuguese landfills, the Socialist government announced on Monday (3 February) it would adopt urgent measures to tackle the issue.

Portuguese authorities start taking the ‘Luanda Leaks’ seriously

Portuguese authorities said on Monday (20 January) they had started looking into media leaks concerning Angolan billionaire Isabel dos Santos, while a small bank said it had decided to put an end to commercial relationship with entities controlled by dos Santos.
Economy & Jobs 16-01-2020

In blow to Eurogroup head, EU Commission criticises Portugal’s budget

The European Commission said on Wednesday (15 January) that Portugal's draft budget for 2020 was at risk of breaking European Union fiscal rules because of insufficient progress in reducing its structural deficit.

European Green Deal gives COP25 a ‘breath of fresh air’

EU Commission President Ursula von der Leyen jolted the COP25 conference in Madrid when she presented her European Green Deal yesterday (11 December). But many observers, including young people, are calling for more ambition. EURACTIV France reports.
Agrifood 22-11-2019

’Rejuvenated and professionalised’, Alentejo wine sector wants to be known worldwide

The Alentejo wine sector, the market leader in Portugal, sells four in ten bottles on the Portuguese market. It has become professional and ‘rejuvenated’ in recent decades and aims to be recognised worldwide, a regional representative told EURACTIV's partner Lusa.
Energy 21-10-2019

World’s second floating wind farm sets sail for Portugal

The first turbine from the WindFloat Atlantic project was successfully towed from Ferrol, Spain, towards its destination 20 km off the coast of Viana do Castelo in Portugal on Saturday (19 October), in what constitutes a world second for floating wind.
Elections 07-10-2019

Portugal’s ruling Socialists win election but fall short of outright majority

Portugal's ruling Socialists won Sunday's (6 October) parliamentary election but fell short of an outright majority, meaning Prime Minister António Costa will need to negotiate a new deal with one or both of his far-left allies in the previous legislature.
Politics 13-08-2019

Portugal government orders striking fuel drivers back to work

Portugal's government ordered striking fuel-tanker workers back to work in some parts of the country on Monday (12 August) after fuel supplies ran low at locations including Lisbon airport despite measures to counter the impact of the walkout.
Energy 31-07-2019

Portugal’s solar energy auction breaks world record

Portugal's huge auction of solar energy broke a world record, with one of the 24 licences on offer selling for 14.76 euros per megawatt hour (Mwh), the secretary of state for energy Joao Galamba said on Tuesday (30 July).
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