Portuguese economy

Economy

From colonial trade to Nazi gold: Why Portugal holds vast reserves

Even in the digital age, Portugal still relies on gold as a financial backstop, holding over 300 tonnes stored between Carregado and London.

22 January 2026

Business

Groceries: Egg prices rise by 40% in Portugal in the past year

To buy half a dozen eggs, consumers in Portugal now spend more than €2. Prices have risen 81% in just three years.

1 September 2025

Economy

Portugal: Unemployment hits its lowest level in more than two years

Unemployment was 6.2% in Portugal in January 2025, the lowest since October 2022.

3 March 2025

Economy

Portugal: Will the political crisis bring about an economic one?

Voting on the budget is the glue that holds the Portuguese parliament together, but amid a corruption scandal that has sent the government packing, what comes next for the country's feeble economy?

10 November 2023

Portugal

Euroviews. Transforming knowledge into jobs: The Lisbon Unicorn Factory

Lisbon’s journey from a city of tradition and history into a modern innovation hub is a compelling case of urban transformation, Carlos Moedas and Carlo Ratti write.

28 September 2023

World News

Portugal announces €2.4 billion inflation support package

Prime Minister António Costa said helping struggling families is important, but insisted it must be done responsibly.

6 September 2022

Portugal

Portugal heads to the polls in decisive parliamentary elections

Despite a certain disenchantment with the Socialist Party, the majority of voters believe that PM Antonio Costa has more skills and experience to govern than his main opponent, PSD's Rui Rio.

30 January 2022

Tech News

How Portugal is going green to prepare for the digital transition

Euronews Next spoke to Portugal’s Economy and Digital Transition Minister Pedro Siza Vieira about how the country is embracing technology and start-ups.

2 November 2021

Portugal

Portugal faces snap elections after MPs reject budget

Portuguese MPs have rejected the proposed 2022 state budget, leading to the likelihood of an early election.

26 October 2021

Europe News

Portugal's COVID recovery plan is first to receive Brussels' approval

The funds are expected to start flowing in July.

16 June 2021

Portugal

Portugal - prodigious bike producer, late adopter

Portugal is Europe's top bicycle producer, but lags behind many places in terms of domestic riders. Filipa Soares investigates why - and what's being done to address that.

19 October 2020

Europe

Portugal's economic resurgence leaves its citizens behind

Having left austerity behind, Portugal is now a shining example of economic recovery - a demand stimulus policy based on the real estate market and tourism. However, good results hide a darker reality.

6 March 2020

Economy

Portugal: A blueprint for post-bailout reforms?

Anti-austerity, tourist boom and a pink house in Lisbon

28 September 2018

Europe News

Portugal exits EU's budget deficit watchlist

Portugal is no longer in breach of the EU’s budget rules, officials say, which cap a country’s deficit at three percent of gdp.

22 May 2017

Economy

Portugal no longer breaking EU budget deficit rules

European Commission to end disciplinary budget procedures against Portugal and Croatia, but France, Spain and the UK remain above deficit limits.

22 May 2017

Economy

Moody's keeps Portuguese rating stable, upbeat on recovery

The latest assessment of Portugal's economy by the rating agency Moody's is good news for the Lisbon government.

19 May 2017