Portugal's unemployment rate dropped to 12.1 per cent in the second quarter of the year, down from 12.4 per cent in the first quarter, dpa cited the statistics body INE as saying Wednesday. Unemployment fell more among women than among men, and increased among people older than 45, the INE said. Portugal's economy is expected to contract by more than 2 per cent this year. The country is applying austerity policies agreed with the European Union and the International Monetary Fund, which granted it a bailout of 78 billion euros (112 billion dollars). Portuguese exports are seen as being relatively strong, while internal consumption and investments have stagnated.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor