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Portugal’s finance minister, Mário Centeno, said that Portugal has reemerged from a period of severe recession with "renewed strength" and is today "a very different country"

The number of visitors choosing to come to Portugal each year continues to increase and whilst British tourists continue to lead the way, other nationalities are also waking up to the allure of the country as a great destination for holidays and for second homes.

A company source told Lusa that the Chinese civil aviation administration had authorised the flights that are going to replace the direct connection between Hangzhou, in China’s east coast and Lisbon, with a call at Beijing that was suspended last October.

The price of houses in Portugal increased by 4.5% during the second quarter of 2019, standing at 1,932 euros / m2, according to the Idealist Price Index. Taking into account the annual variation, the increase was in fact 16%.

Finerge, the 2nd major producer of renewable energy, has already made an investment superior to 1Bn€ in Portugal. The company will now shift its traditional focus from wind energy to solar energy.

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