By Essential Business Posted 21 Julho, 2023 In News, Public debt, Public Finances Portugal’s debt, which currently stands at 113.8% of GDP, saw the third largest fall in debt in the euro area after Spain and France. It fell 10.8 percentage points compared to the same period last year, closing March with a GDP to public debt ratio of … Read more
By Essential Business Posted 21 Julho, 2023 In Commercial Real Estate, Consultancy, News, Offices In the first half of 2023 Lisbon’s office market suffered a nose-dive of 77% in relation to the same period in 2022 and fell 17% in Porto. The Lisbon take-up for the period was 38,000m2 while in Porto it stood at 25,184m2. According to Savills … Read more
By Essential Business Posted 10 Julho, 2023 In Infrastructure, New Airport, News The Technical Commission employed by the government to evaluate nine location choices for the new Lisbon international airport has defined five criteria that will decide the best option. Factors such as aeronautical security, public investment and the financing model will be at the centre of the … Read more
By Essential Business Posted 7 Julho, 2023 In Bankruptcy and liquidation, News The number of companies that declared insolvency increased 14% in the first half of the year with a total of 384 bankrupt companies, 85 more than in the same period in 2022. For the period, mandatory applications for bankruptcy increased 14% on H1 2022 while … Read more
By Essential Business Posted 10 Julho, 2023 In Local Accommodation, More Housing Package, News The suspension of new Local Accommodation licenses in all areas of Portugal except the interior regions and islands has been passed by the Portuguese parliament. The original proposal presented by the Government and the proposal from the ruling PS party to change some of the … Read more