Time to Portugal News in English
News about and around Portugal in English
Many emigrants are having their Portuguese bank accounts blocked. Banks may ask for different information. Banco de Portugal explains what documents are needed. Hundreds of customers, including emigrants, have had…
The year-on-year rise in the indicator was largely due to the lifting of zero VAT, which once again accelerated the food component, explains INE. Inflation in the first month of…
Find out how much you have to earn to belong to each level According to data from the Organization for Economic Cooperation and Development (OECD), middle class people earn between…
Portuguese household wealth is around 30% below the Eurozone average. Portugal is 15th in the table of countries that use the euro. The average net wealth of Portuguese families is…
Difference between municipalities exceeds 376 euros per year. Amarante and Fundão are the municipalities where annual consumption of 120 m3 and 180 m3, respectively, is the most expensive in the…
The government, armed with an abnormally high level of tax revenue (because it gained from the first phase of inflation), decided to “give back” part of the gain to consumers…
The authorization establishes that the salary increase per employee should be 3%, with the percentage taking into account the remuneration components. The government has authorized public sector companies to increase…
The 15th study by the Portuguese Institute of Marketing Administration (IPAM) characterizes consumer behavior when it comes to Christmas shopping. More than half of consumers in Portugal expect to spend…