Portugal’s GDP to Slow in ’24 – IMF
Portugal’s GDP is expected to slow to 1.9 per cent in 2024, down from 2.3 per cent in 2023, according to the…
Browsing Tag
Portugal
EU approves €1b Portuguese scheme for net-zero transition
The European Commission has approved a €1 billion scheme from Portugal to support investments in the production of…
EIB, BNZ fund 17 new solar plants
The European Investment Bank (EIB) and BNZ have finalised a €166 million loan to fund the installation of 17 solar…
Portugal’s govt maintains ban on Chinese 5G equipment
Portugal's new centre-right government has decided to maintain the previous administration's ban on telecoms firms…
Portugal to boost renewable energy share to 93% by ’30
Portugal plans to increase the share of renewables in its electricity consumption to 93 per cent by 2030 as part of…
Portugal’s new government pledges offshore wind development
Portugal’s new government will focus on developing offshore wind energy, “repowering” onshore wind farms, and…
EU pledges €3.5b for oceans, environment
The European Union (EU) is pledging to allocate €3.5 billion ($3.71 billion) this year for ocean protection and…
Europe’s clean energy hits 60% in early 2024
Europe hit a new milestone in clean energy usage, with 60 per cent of its electricity coming from renewable sources…
Euro area annual inflation up to 2.9% – Eurostat
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
Netflix secures $1.31bln net profit in Q1 of 2023
Netflix has posted a net profit of $1.31 billion, about $2.88 per share, while forecasts indicated revenue of $2.86…
