Portugal’s Atlantic archipelagos continued to expand economically in 2024, even as the pace of growth cooled compared with previous years, offering a mixed but steady picture of regional performance. New figures show that both the Azores and Madeira remained on a positive trajectory, supported tourism, services, and overall economic resilience, though neither region matched the […]
The International Monetary Fund (IMF) has warned that Europe’s growing public debt levels should prompt governments to fundamentally rethink their role in delivering essential services to citizens across the European Union. In a statement released on Tuesday, the IMF cautioned that the continent’s debt trajectory could become “unsustainable” or even “explosive” unless urgent economic and […]
Introduction Portugal’s government has long prided itself on fiscal discipline, but its latest economic diet plan looks suspiciously like a cosmetic procedure. Budgets are trimmed, targets tightened, and spreadsheets polished to impress Brussels, yet the underlying structure of the economy remains much the same. As Lisbon celebrates declining deficit ratios and improved credit ratings, the […]
