Month: September 2022

The Portuguese government is to propose giving selective tax sweeteners to companies which up staff salaries. The move would link in with measures contemplated in the Wages and Competitiveness Agreement which is backed by unions. The proposed measure was discussed at a meeting with social partners on Wednesday. Taking on board the “commitment to improve … Read more

58% of tourism employees seek to quit sector in less than five years Portugal’s tourism sector is facing yet another challenge when it comes to its workforce. While the sector’s struggles to hire workers have been widely reported, a new study has found that most employees working in the tourism sector in Portugal are planning to leave the sector … Read more

Portugal could be the first country in Europe to suffer a correction in its property market in 2023 according to a financial consultant. However, it is unlikely to see a bursting property bubble as some analysts are warning. Speaking on CNN Portugal, and referring to reports that have appeared in the International press, Filipe Garcia … Read more

The President of the European Central Bank Christine Lagarde has criticised European governments like Portugal which have adopted across-the-board rather than targeted support measures to help Portuguese families. The ECB president also warned that the economic situation in the Eurozone would get worse before it got better, and said that budgetary measures should focus on … Read more

WASHINGTON – The United States has proposed cooperation with Portugal in the field of cybersecurity following the cyber-attack against the Armed Forces General Staff that exposed NATO documents, Portugal’s minister of foreign affairs said on Friday. João Gomes Cravinho met Thursday in Washington with US National Security Adviser Jake Sullivan and Secretary of State Antony … Read more

NEW YORK – The consular reform being prepared by the Portuguese government will allow each person “to have a consulate on their cell phone,” said Prime Minister António Costa while addressing members of the Portuguese community in New York. Costa was speaking Tuesday night at a reception held at the official residence of Portugal’s permanent … Read more

Os americanos têm eleições de dois em dois anos, alternando entre anos de eleições Presidenciais (2016, 2020, 2024, etc.) e anos de eleições Intercalares (2018, 2022, 2026, etc.). As próximas eleições serão as Intercalares, a 8 de novembro de 2022. Nessa data: – Todos os eleitores norte-americanos elegerão um membro da Câmara dos Representantes; – Os eleitores … Read more

Office occupancy in Lisbon is breaking records with 207,300 m2 occupied in eight months, according to JLL’s Office Flashpoint report. Despite there still being four months left until the end of the year, 2022 is already the best of the last 10 years in the capital’s office segment, reveals JLL’s Office Flashpoint. According to the … Read more

Consumer transactions in Portugal registered an increase in turnover of over 30% over the summer like-for-like on 2021. Whilst purchases using national bank and credit cards also increased, purchases from overseas tourists, particularly the French who most contributed to the performance of national business, with turnover skyrocketing over 80% accordion to data from a report … Read more