Manuel de Almeida / Lusa Mario Centeno, Governor of the Bank of Portugal The Bank of Portugal warns of economic risks and vulnerabilities that can impede financial stability, with a particular focus on reducing household income and bank impairment as well as home prices. The semi-annual financial stability report released by the Bank of Portugal …
Bank of Portugal leaves a notice.Falling house prices are a risk Read More »
You have free access to all observer articles to be our subscriber. Government forecasts for changes in fuel prices next week show that diesel will fall 3 cents per liter and gasoline will fall 4 cents (3.9 cents). These declines disrupted the weekly cycle of rising fuel prices and had a greater impact on diesels …
CNN Portugal has spoken with economists to understand if a country needs to prepare for a recession and to put together some savings advice that will help mitigate the effects of a possible long-term economic crisis. With the endless war in Ukraine, the coming era will not be easy. Inflation continues to rise, lagging behind …
Many people want to travel because they have returned to normal after the pandemic-related restrictions have been lifted. But this summer’s flight could be a real practice of patience. Similar to what is happening at Lisbon Airport, the turmoil has also been set up at some European airports and the United States, suffering from a …
Luggage piled up, flight was canceled and long wait time occurred Read More »
Major sports shoe brands are switching from production in the Asian market to production in the Portuguese market due to increased energy and transportation costs. Guimaraes also has companies that produce what was previously manufactured primarily in China. The chairman of the Portuguese Shoe Industry and Parts Alternative Leather Products Association (APICCAPS) will consider in …
Major shoe brands exchange production in Asia for Gimaran Read More »
The recorded budget deficit was 0.4% of GDP in the first quarter national accounts, and the final deficit was managed by former Minister of National Accounts (INE) João Leão, announced Friday, June 24. It was below. “The general government balance for the first quarter of 2022 reached € 233.6 million, which is equivalent to -0.4% …
Leon leaves government with a 0.4% deficit in the first quarter-finance Read More »
The difficult situation of the war joining the “worst case” will create a long list of risks and vulnerabilities that could threaten financial stability. First of all, “Risk of falling prices in the residential real estate market due to changing funding conditions” can be read in the Financial Stability Report issued by the Bank of …
Banco de Portugal warns of risk of falling home prices-banks and finance Read More »
The war in Ukraine has fueled a steady rise in food prices, with the exception of this week. A practiced value analysis by Deco Proteste recorded a slight drop of 0.60% (1.22 euros less) in the price of baskets of essential foods between June 15th and 22nd, costing € 201.98. It is clear that. The …
If you are considering buying a used car, or if you already have a used car and want to access past details, please note the Tip: VIN Code. According to the website Compara Já.pt, this is the key to unleashing all the details of the vehicle, from the year it was manufactured to the extras …
Russia has returned to a “default” route, with international investors and analysts calendaring next Sunday, June 26th. That day ends the 30-day grace period for Moscow to pay interest to Russian debtors about $ 100 million. The country has already said it has sent money to creditors, but economic sanctions imposed by the West for …
