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  • EU car exports lead to a surplus of €89.3 billion in 2024

    EU car exports and imports lead to a surplus of   €89.3 billion in 2024 - Portugal Business News EU automotive news -   EU car exports and imports lead to a surplus of   €89.3 billion in 2024. Here is the value of exports to the Top 5 countries buying cars made in the EU:   EU car exports in 2024 reached 5.4 million cars for a value of €165.2 billion, compared to car imports that reached 4.0 million cars for a value of €75.9 billion, resulting in a trade surplus of €89.3 billion.        Value of exports to the Top 5 countries buying cars made in the EU:   1 – United States - €38.9 billion   2 – United Kingdom - €34.3 billion   3 – China - €14.5 billion - exports to China experienced the largest drop, decreasing by 22.3%.   4 - Türkiye - €12.0 billion - the EU saw the biggest increase in car exports to Türkiye, rising by 364.1%   5 – Switzerland - €8.5 billion

  • Les exportations de voitures de l’UE génèrent un excédent de 89,3 milliards d’euros en 2024

    Les exportations de voitures de l’UE génèrent un excédent de 89,3 milliards d’euros en 2024  - PBN Actualité automobile UE -   Les exportations et les importations de voitures dans l’UE génèrent un excédent de 89,3 milliards d’euros en 2024. Voici la valeur des exportations vers le Top 5 des pays qui achètent des voitures fabriquées dans l’UE :   En 2024, les exportations de l’UE ont atteint 5,4 millions de voitures pour une valeur de 165,2 milliards d’euros, contre des importations 4 millions de voitures pour une valeur de 75,9 milliards d’euros, ce qui a entraîné un excédent commercial de 89,3 milliards d’euros.       Valeur des exportations vers le Top 5 des pays achetant des voitures fabriquées dans l’UE :   1 – États-Unis - €38.9 milliards   2 – Royaume Uni - €34.3 milliards   3 – Chine - €14.5 milliards - Les exportations vers la Chine ont connu la plus forte baisse, soit 22,3 %.   4 - Türkiye - €12.0 milliards - l’UE a enregistré la plus forte augmentation des exportations de voitures vers la Turquie, avec une hausse de 364,1 %   5 – Suisse - €8.5 milliards

  • Top 10 EU cities by number of guest nights via booking platforms

    Top 10 EU cities by number of guest nights via booking platforms - Portugal Business News Travel and Tourism News EU – The above chart shows the Top 10 EU cities by number of guest nights in 2023 via the four largest online booking platforms, namely Airbnb, Booking, Expedia Group and Tripadvisor, according to Eurostat. Here are the tourism statistics for the EU between 2019 and 2024 as well as the most popular EU regions for short-term stays during the summer in 2024. In 2024, guests spent 854.1 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or TripAdvisor. The number of guest nights via booking platforms in the EU in 2024 represents an increase of 18.8% compared to 2023, with 719.0 million nights.   In 2022, 597 million nights were spent in short-term rental accommodation, that represents an increase of more than 20% compared to 2021 when 364 million guest nights were spent in accommodation via online booking platforms. This means that the number of guest nights are following an upward trend since 2022 and are already far above pre-pandemic levels, with 512 million guest nights in 2019. It is important to note seasonality in tourism, since that more than 1 out of 3 guest nights were spent in the peak months of July and August. What were the most popular EU regions for short-term stays during the summer in 2024? During the summer of 2024, the most popular EU regions for short-term rental accommodation booked via online platforms were Jadranska Hrvatska in Croatia with 25.2 million nights, that is an increase of +6.0% compared with the third quarter of 2023, followed by Andalucía in Spain with 17.2 million nights, that is an increase of +23.1% and the French Provence-Alpes-Côte d’Azur with 15.6 million nights, that is an increase of +26.2%.

  • Top 10 Billionaires in the EU in 2025

    Top 10 Billionaires in the EU in 2025 - Portugal Business News EU Business News – The chart above shows the list of the Top 10 Billionaires in the EU in 2025 according to Forbes. Out of the Top 10 Billionaires in the EU in 2025, there are only 2 women, namely Francoise Bettencourt Meyers from France who ranks 3rd with a net worth of 81.6 billion USD, and Susanne Klatten from Germany who ranks 8th with a net worth $ 25.2 billion.        The No. 1 Billionaire in the EU in 2025 is from France, namely Bernard Arnault & family of the LVMH Group, with a net worth of 178 billion USD.     1 - Three of the Top 10 Billionaires in the EU in 2025 are from France, namely: 1 - Bernard Arnault & family ranks 1st in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 178 billion USD. His source of wealth is the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.   2 - Francoise Bettencourt Meyers & family ranks 3rd in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 81.6 billion USD.  Francoise Bettencourt Meyers is the richest woman in France and her source of wealth is due to the fact that she is the granddaughter of the founder of L'Oreal.   3 - Emmanuel Besnier ranks 9th in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 24.5 billion USD.  His source of wealth due to the fact that he is the controlling shareholder of family-held Lactalis, the world's largest dairy conglomerate, with more than $30 billion in annual revenues.                                                                                                                        2 - Four of the Top 10 Billionaires in the EU in 2025 are from Germany, namely: 1 - Dieter Schwarz's Schwarz Group that ranks 4th in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 41 billion USD.  His source of wealth is comprised of the Kaufland and Lidl discount supermarkets with revenues of over $160 billion.   2 – Reinhold Wuerth ranks 7th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 35.1 billion.  Reinhold Wuerth entered his father's wholesale screw business in 1949, at age 14, as the company's second employee and first apprentice.   3 - Susanne Klatten is the richest woman in Germany and ranks 8th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 25.2 billion.  Susanne Klatten owns about 19% of automaker BMW; her brother, Stefan Quandt, owns nearly 24%. Klatten is also the sole owner and deputy chair of Altana, which has more than $2.5 billion in annual sales.   4 - Stefan Quandt ranks 10th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 23.8 billion.  Stefan Quandt owns 23.6% of automaker BMW.     3 - These are the EU countries that each have one billionaire   in the ranking of the Top 10 Billionaires in the EU in 2025:       1 – Spain -   Amancio Ortega ranks 2nd in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 124 billion.  Amancio Ortega of Spain owns Zara and is one of the wealthiest clothing retailers in the world.   2 – Austria - Mark Mateschitz ranks 5th   in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 40.6 billion. Mark Mateschitz is the only child of the late Austrian billionaire Dietrich Mateschitz, who cofounded energy drink firm Red Bull in 1987.   3 – Belgium - Giovanni Ferrero ranks 6th   in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 38.2 billion. Giovanni Ferrero is executive chairman of his family's namesake confections business, which posted $18 billion sales in 2023.     4 - How many billionaires are there in Portugal in 2025? There is only one billionaire in Portugal in 2025, namely Maria Fernanda Amorim & family, whose net worth is 5.9 billion USD.  The source of wealth of Maria Fernanda Amorim & family is in the energy sector and in numerous investments. Maria Fernanda Amorim is the widow of Americo Amorim, who died in July 2017, and she and her three daughters inherited his fortune.

  • Top 10 des milliardaires de l’UE en 2025

    Top 10 des milliardaires de l’UE en 2025 - PBN Actualités Économie UE – Le graphique ci-dessus présente la liste du Top 10 des milliardaires de l’UE en 2025 selon Forbes. Parmi le Top 10 des milliardaires de l’UE en 2025, il n’y a que 2 femmes, à savoir Francoise Bettencourt Meyers de France qui se classe 3ème avec une valeur nette de 81,6 milliards de dollars et Susanne Klatten de l’Allemagne qui se place 8ème avec une valeur nette de 25,2 milliards de dollars.     Le milliardaire no. 1 de l’UE en 2025 est originaire de France, à savoir Bernard Arnault & famille du groupe LVMH, avec une valeur nette de 178 milliards de dollars.     1 - Trois du Top 10 des milliardaires de l’UE en 2025 sont originaires de France, à savoir : 1 - Bernard Arnault & famille se classent No. 1 dans le classement du Top 10 des milliardaires de l’UE en 2025 avec une valeur nette de 178 milliards de dollars. Sa source de richesse est l’empire LVMH de 75 marques de mode et cosmétiques, dont Louis Vuitton et Sephora.   2 - Francoise Bettencourt Meyers & famille se classent 3ème dans le classement du Top 10 des milliardaires de l’UE en 2025 avec une valeur nette de 81,6 milliards de dollars. Françoise Bettencourt Meyers est la femme la plus riche de France et sa source de richesse est due au fait qu’elle est la petite-fille du fondateur de L’Oréal.   3 - Emmanuel Besnier se classe 9e dans le classement du Top 10 des milliardaires de l’UE en 2025 avec une valeur nette de 24,5 milliards de dollars. Sa source de richesse vient du fait qu’il est l’actionnaire majoritaire de Lactalis, le plus grand conglomérat laitier au monde, avec plus de 30 milliards de dollars de revenus annuels.                                                                                                                    2 - Quatre du Top 10 des milliardaires de l’UE en 2025 sont originaires de l’Allemagne, à savoir : 1 - Le groupe Schwarz de Dieter Schwarz qui se classe 4ème dans le classement du Top 10 des milliardaires de l’UE en 2025 avec une valeur nette de 41 milliards de dollars. Sa source de richesse est constituée de Kaufland  et des supermarchés à rabais Lidl, dont les recettes dépassent 160 milliards de dollars.   2 – Reinhold Wuerth se classe au 7e rang du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 35,1 milliards de dollars. Reinhold Wuerth est entré dans l’entreprise de commerce de gros de vis de son père en 1949, à l’âge de 14 ans, comme deuxième employé et premier apprenti.   3 - Susanne Klatten est la femme la plus riche de l’Allemagne et se classe au 8e rang du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 25,2 milliards de dollars. Susanne Klatten possède environ 19% du constructeur automobile BMW, et son frère, Stefan Quandt, en détient près de 24%. Klatten est également l’unique propriétaire et vice-présidente d’Altana, qui affiche un chiffre d’affaires annuel de plus de 2,5 milliards de dollars.   4 - Stefan Quandt se classe au 10e rang du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 23,8 milliards de dollars. Stefan Quandt détient 23,6% du constructeur automobile BMW.     3 - Voici les pays de l’UE qui ont chacun un milliardaire dans le classement du Top 10 des milliardaires de l’UE en 2025 :    1 – Espagne - Amancio Ortega se classe au deuxième rang du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 124 milliards de dollars. Amancio Ortega de l’Espagne possède Zara et il est l’un des détaillants de vêtements les plus riches au monde.   2 – Autriche - Mark Mateschitz se classe au cinquième rang du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 40,6 milliards de dollars. Mark Mateschitz est le seul enfant du milliardaire autrichien Dietrich Mateschitz, qui a cofondé la société de boissons énergisantes Red Bull en 1987.   3 – Belgique - Giovanni Ferrero se classe 6ème dans le classement du Top 10 des milliardaires de l’UE en 2025, avec une valeur nette de 40,6 milliards de dollars. Giovanni Ferrero est président exécutif de l’entreprise familiale de confiserie éponyme, qui a enregistré des ventes de 18 milliards de dollars en 2023.     4 - Combien y a-t-il de milliardaires au Portugal en 2025 ? Il n’y a qu’un seul milliardaire au Portugal en 2025, à savoir Maria Fernanda Amorim & famille, dont la valeur nette est de 5,9 milliards de dollars. La source de richesse de Maria Fernanda Amorim & famille est dans le secteur énergétique et dans de nombreux investissements. Maria Fernanda Amorim est la veuve d’Americo Amorim, décédé en juillet 2017, et elle et ses trois filles ont hérité de sa fortune.

  • Which EU countries pay the highest minimum wage in 2025?

    Which EU country pays the highest minimum wage in 2025? - Portugal Business News News Jobs & Salaries in the EU - Which EU countries pay the highest minimum wage in 2025? The above chart shows the Top 10 EU countries that pay the highest minimum wage in 2025, according to Statista. Which EU countries pay the highest minimum wage in 2025? Five EU countries pay a minimum monthly wage of above 2,000 euros, namely Luxembourg with 2,638 euros, Ireland with 2,282 euros, Netherlands with 2,193 euros, Germany with 2,161euros, and Belgium with 2,070 euros. Which EU countries pay the lowest minimum wage in 2025? Three EU countries pay a minimum monthly wage of under 800 euros, namely Bulgaria with 551 euros, Hungary with 670 euros, Latvia with 740 euros. Click here to see What is the minimum wage in Portugal in 2025, 2026, 2027 and 2028?

  • Quel pays de l’UE paie le salaire minimum SMIC le plus élevé en 2025 ?

    Quel pays de l’UE paie le salaire minimum SMIC le plus élevé en 2025 ? - PBN Actualités Emplois et salaires dans l’UE - Quels sont les pays de l’UE qui paient le salaire minimum mensuel SMIC le plus élevé en 2025? Le graphique ci-dessus montre le Top 10 des pays de l’UE qui paient le salaire minimum mensuel SMIC le plus élevé en 2025, selon Statista. Quels sont les pays de l’UE qui paient le salaire minimum mensuel SMIC le plus élevé en 2025? Cinq pays de l’UE paient un salaire minimum mensuel SMIC supérieur à 2,000 euros, à savoir le Luxembourg avec 2,638 euros, l’Irlande avec 2,282 euros, les Pays-Bas avec 2,193 euros, l’Allemagne avec 2,161 euros et la Belgique avec 2,070 euros. Quels sont les pays de l’UE qui paient le salaire minimum mensuel SMIC le plus bas en 2025? Trois pays de l’UE paient un salaire minimum mensuel SMIC inférieur à 800 euros, à savoir la Bulgarie avec 551 euros, la Hongrie avec 670 euros, et la Lettonie avec 740 euros. Cliquez ici pour voir Quel est le salaire minimum SMIC au Portugal en 2025, 2026, 2027 et 2028?

  • From the start of instant cross-border payments in Europe to the launch of the digital Euro

    From the start of instant cross-border payments in Europe to the launch of the digital Euro - Portugal Business News Financial News Europe - From the start of instant cross-border payments in Europe to the launch of the digital Euro, the future is happening now as we are currently witnessing a profound technological revolution that is reshaping economies worldwide.    An international instant payments system between BANCOMAT Italy, BIZUM Spain, and MB WAY Portugal, is being launched on March 31, 2025, and is bringing European payments to the next level through EuroPA, the European Payments Alliance.      Payments between Portugal, Spain, Italy and Andorra can now be sent instantly to mobile phone numbers and all banks in the participating countries will be connected by June 2025, connecting more than 50 million users and 186 financial institutions. EuroPA is aligned with European SEPA standards and will expand to non-euro countries.   The EuroPA (European Payments Alliance) is a collaborative effort to achieve P2P interoperability across Europe in order to build a sovereign, Pan-European payments market.   Alongside the cross-border instant payments system being rolled-out in Europe, the digital euro is being developed by the European Central Bank according to the president of Portuguese payment system SIBS that owns the MB Way payment system, Madalena Cascais Tomé, who is already considering using MB Way with digital euros in Brussels.     Why implementing a Digital Euro is especially significant in 2025?     “Following a prudent risk management approach, introducing a digital euro would minimize the likelihood of adverse economic outcomes in the future and ensure the resilience of our monetary system in an increasingly digital world.   The digital euro is a promising solution to counter these risks and ensure the euro area retains control over its financial future. It would provide a secure, universally accepted digital payment option under European governance, reducing reliance on foreign providers.  The digital euro is not just about making sure our monetary system adapts to the digital age. It is about ensuring that Europe controls its monetary and financial destiny, against a backdrop of increasing geopolitical fragmentation,” according to Philip R. Lane, Member of the Executive Board of the ECB, who adds:   “At a time of geopolitical uncertainty and shocks, the euro has maintained its reputation as a strong and stable currency. However, as technology and the economy evolve, we need to ensure that we retain monetary autonomy to preserve monetary stability under all circumstances.”       When will the Digital Euro be launched?   The European Central Bank is working with the national central banks of the euro area to look into the possible issuance of a digital euro. It would be a central bank digital currency, that is an electronic equivalent to cash, and it would complement banknotes and coins, giving people an additional choice about how to pay.   The digital euro would be a European electronic means of payment accessible in all euro area countries and would be available free of charge to everyone. The digital euro would be stored in an electronic wallet set up with banks and public intermediaries that would enable usual electronic payments using a mobile phone or a card, both online and offline.   The ECB is collaborating with potential providers of digital euro components following a tender procedure and key stakeholders, including merchants, payment service providers, fintech companies and universities, will test conditional payments while exploring other innovative use cases for a digital euro.   An outcome report is expected to be published in July 2025 and the ECB’s Governing Council will decide on the possible issuance of a digital euro only once the relevant legislation has been adopted. Draft legislation has already been proposed by the European Commission and is currently under consideration by the Council of the European Union and the European Parliament.

  • Portugal Business News report is referenced in report by Swiss Wyden.io

    Portugal Business News report is referenced in report by Swiss Wyden.io - Portugal Business News About Portugal Business News – Portugal Business News report on Crypto adoption is referenced in a report by Swiss company Wyden.io about Portugal’s transition to the EU’s new MiCA (Markets in Crypto-Assets) regulation. Wyden.io is the global leader in institutional digital asset trading technology.    1)  Click to see the Wyden.io report that references the Portugal Business News Market Outlook for Crypto-Assets in Portugal: MiCA Transition in Portugal: Crypto Industry Faces CASP Licensing Delays in 2025    2)  Click to see the Source article on Portugal Business News: Portugal ranks 14th country in the Crypto Adoption Index      About Wyden.io – Wyden is the global leader in institutional digital asset trading technology based in Zurich, Switzerland. Wyden is the global leader in institutional digital asset trading technology. By covering the entire trade lifecycle and supporting seamless custody, core banking and portfolio management system integration as well as full trade lifecycle automation, the Wyden platform streamlines digital assets trading. Engineered by a team of trading system veterans and crypto asset experts, Wyden offers best-in-class integrated infrastructure solutions that meet the highest institutional needs. Wyden has offices in Zurich, New York and Singapore.     About the Portugal Business News website -  Articles by Portugal Business News are published and referenced on flagship industry websites, on Government trade and investment websites, on the websites and reports of leading research companies and organizations including the European Commission, Crunchbase, Dealroom and Startup Genome, on Wikipedia, in specialized magazines and on multilingual news aggregators.

  • Portugal ranks 2nd highest growth in household income in the EU

    Portugal ranks 2nd highest growth in household income in the EU - Portugal Business News Portugal news - Portugal ranks 2nd highest growth in household income in the EU in 2024, according to the OECD.   While Poland ranks 1st country with the highest growth in household income per capita in the EU in 2024, rising by 10.2%, Portugal ranks 2nd highest growth in household income rising by 6.7% and therefore surpassing the OECD average of 0.9%.   Moreover, GDP per capita increased in 21 out of 27 countries across Europe, with Portugal ranking 5th with an increase in the quarterly real GDP per capita of 0.68% in 2024.   Growth in household income per capita was mainly driven by increases in employee compensation, social benefits and property income.     Here is the chart showing the change in real household income per capita in the EU for the first quarter of 2024:   Change in real household income per capita in the EU for 2024 - Portugal Business News #portugalnews #newsportugal #growthinhouseholdincomeintheeu #growthinhouseholdincomeinportugal #GDPpercapitaincreaseportugal #newsportugueseeconomy #economicnewsportugal

  • Portugal’s construction sector ranks 1st fastest growing in the EU

    Portugal’s construction sector ranks 1st fastest growing in the EU - Portugal Business News Portugal news - Portugal’s construction sector ranks 1st fastest growing in the EU, according to figures from Eurostat for June 2024 compared to the previous month.   Among EU countries, the highest monthly increases in production in construction were recorded in Portugal with +3.2%, followed by Romania with +2.6% and by France with +1.7%. The largest monthly decreases were observed in Slovenia with -9.1%, in Hungary with -6.4% and in Poland with -2.1%).   The Portuguese construction sector is growing at a faster pace than in most other EU countries with a 3.2% growth in June compared to the previous month, while compared with the same month of the previous year the increase was 2.7%. This compares to the EU average with a growth of 1.4% in June compared to the previous month, while compared with the same month of the previous year there was a decrease of -0.1%.   There is a slowdown the construction sector in the EU with negative figures registered for 14 countries on an annual basis, with the biggest slowdown being in Slovenia with the percentage change in June 2024 compared to the previous year being -19%.   On an annual basis, the highest growth in the construction sector in Europe in June 2024 compared with the same month of the previous year was in Spain with 4.8%, followed by Bulgaria with 2.9% and by Portugal with 2.7%. The largest annual decreases in production in construction were recorded in Slovenia with -19.0%, Czechia with -10.2% and Sweden with -9.0%. #portugalnews #newsportugal #constructionnewsportugal #realestatenewsportugal #eurostat

  • Portugal ranks 4th EU country with the highest surplus

    Portugal ranks 4th EU country with the highest surplus - Portugal Business News Portugal news - Portugal ranks 4th country with the highest surplus in the Eurozone for Q2 2024, according to Eurostat.     What Eurozone countries have the highest surplus? The eurozone countries with the highest surplus for Q2 2024 are Cyprus with 4.6%, Denmark with 3.3%, Ireland with 3.1% and Portugal with 2.6%. This compares to the public deficit in the eurozone that was -3% of GDP and -3.1% in the European Union for the second quarter of 2024.     Table showing the EU countries with a surplus or deficit in 2024: Table showing the EU countries with a surplus/deficit in 2024 - Portugal Business News #portugalnews #newsportugueseeconomy #economicnewsportugal #budgetsurplusportugal2024 #eucountrieswithasurplusordeficitin2024

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