Growth of Portugal’s Economy (By Sylodium Import-Export directory)

Gross domestic product rose 1.1 percent from the first quarter, when it fell 0.4 percent, according to the Lisbon-based National Statistics Institute. That follows ten consecutive quarters of contraction. Economists predicted an increase of 0.1 percent, according to the median of 10 estimates in a Bloomberg News survey. GDP dropped 2 percent from a year earlier, after declining a revised 4.1 percent the previous quarter.

Banco Comercial Portugues SA, Portugal’s biggest non-state-owned bank by assets, said on July 29 that loans to companies are starting to pick up. We feel Portuguese companies are having an exemplary conduct and you can see the clear replacement of imports and focus on exports.

 

Sylodium (international trade directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Madrid (Spain) – Lisbon (Portugal) or any city around the World.