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- Which countries in Europe have the highest increase in house prices in 2025?
Which countries in Europe have the highest increase in house prices in 2025? - Portugal Business News Real Estate News Europe – Here are the Top 10 countries in Europe that have the highest annual increase in house prices as of June 2025, according to a Eurostat report dated October 3, 2025: While the annual increase in house prices as of June 2025 is 5.1% in the Euro Area and 5.4% in the EU, here is the ranking of the Top 10 countries where house prices have increased far above the European average. Top 10 European countries with the highest annual increase in house prices as of June 2025: 1 – Portugal Portugal ranks No. 1 country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 17.2% between Q2 2024 and Q2 2025. 2 – Bulgaria Bulgaria ranks 2 nd country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 15.5% between Q2 2024 and Q2 2025. 3 – Hungary Hungary ranks 3 rd country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 15.1% between Q2 2024 and Q2 2025. 4 – Croatia Croatia ranks 4 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 13.2% between Q2 2024 and Q2 2025. 5 – Spain Spain ranks 5 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 12.8% between Q2 2024 and Q2 2025. 6 – Slovakia Slovakia ranks 6 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 11.3% between Q2 2024 and Q2 2025. 7 – Czechia Czechia ranks 7 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 10.5% between Q2 2024 and Q2 2025. 8 – Netherlands The Netherlands ranks 8 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 9.5% between Q2 2024 and Q2 2025. 9 – Lithuania Lithuania ranks 9 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 8.8% between Q2 2024 and Q2 2025. 10 – Ireland Ireland ranks 10 th country in Europe with the highest annual increase in house prices as of June 2025, with an increase of 7.7% between Q2 2024 and Q2 2025.
- Luxury brands account for around 5% of European GDP
Luxury brands account for around 5% of European GDP - Portugal Business News Luxury Brands News Europe - Luxury Brands account for around 5% of European GDP. Here is the impact of luxury brands on European financial markets and on its Tourism industry, as well as their share of European exports and the forecast value of Europe’s Luxury Brands market by 2030, according to a report by the European Cultural and Creative Industries Alliance and Bain & Company: What is the share of Luxury Brands in Europe’s GDP? Luxury brands account for around 5% of Europe’s GDP, representing a value of EUR 986 billion . Moreover, European Luxury Brands contribute approximately 2% of the EU gross value added (GVA), representing a value of EUR 410 billion. What is the share of European Luxury Brands in the global market? European Luxury Brands represent a share of around 70% of the global market in 2024. What is the impact of Luxury Brands in fostering the growth of European financial markets? Luxury Brands foster the growth of European financial markets, with luxury stocks overperforming by four to six times the broader market over the long-term in Italy and France. What is the economic forecast for the Luxury Brands market by 2030? The economic forecast for the Luxury Brands market is steady growth, and the value of Europe’s Luxury Brands market is expected to reach between EUR 2,000 - 2,500 billion by 2030 . What is the share of European Luxury Brands in European exports? The share of European Luxury Brands in European exports is around 11.5% . What is the total employment generated by Luxury Brands in Europe? The total employment generated by Luxury Brands in Europe accounts for around 2 million people in 2024 , with 160,000 new jobs created since 2019. What is the share of revenue generated by Luxury Brands in Europe’s Tourism industry? The share of revenue generated by Luxury Brands in Europe represents up to 25% of the total value generated by the Tourism industry . Moreover, the European high-end and luxury sector acts as a catalyst for attracting high-spending tourists. What is the share of investment by Europe’s Luxury Brands in innovation and sustainability? The share of investment by Europe’s Luxury Brands in innovation and sustainability represents up to 3% of their annual revenues . Moreover, they also invest up to 5% in education and training.
- The ECB awards Portuguese Feedzai a 237 million contract for the digital Euro
The ECB awards Portuguese Feedzai a 237 million contract for the digital Euro - Portugal Business News Financial News Europe - The ECB just awarded Portuguese cybersecurity Unicorn Feedzai a contract worth around 237 million euros to prevent fraud for the digital Euro. With the launch of the digital euro, the ECB has chosen Portuguese company Feedzai to provide a risk management and fraud prevention system, in a four-year contract that is worth around 237 million euros. Feedzai, in collaboration with PwC, will provide an artificial intelligence model that evaluates digital euro transactions according to the risk of fraud, based on deviations from each customer's usual pattern of behavior, interactions, and history. What is Feedzai and what is its valuation? Feedzai is a Series D cybersecurity company based in Coimbra, Portugal, that has a valuation of over USD 1.5 billion, making it a Unicorn. Feedzai, that is headquartered in Portugal and was co-founded in 2011 by Nuno Sebastião, Pedro Bizarro, and Paulo Marques, achieved Unicorn status within ten years. Feedzai technology will be managing the security of the Digital Euro, spearheading Europe’s digital payments revolution. Feedzai currently processes more than $8 trillion in payments annually, protecting around one billion consumers worldwide by monitoring transactions in around 190 countries through clients such as Citigroup, Banco Santander, Standard Chartered Bank, Novobanco, and fintech SoFi. What are the companies involved in the development of the digital euro? While Portuguese company Feedzai will provide a risk management and fraud prevention system, in a four-year contract that is worth around 237 million euros, the other European companies involved in the development of the digital euro include Capgemini's German subsidiary, Sapient GmbH, equensWorldline, and Giesecke+Devrient. When will the digital euro be launched? The European Central Bank is still awaiting legislative approval for the digital euro which is expected to be launched in 2029.
- Portugal collaborates with NATO for tactical space-based intelligence
Portugal collaborates with NATO for tactical space-based intelligence providing target identification - Portugal Business News Defence News Europe - Portugal collaborates with NATO for tactical space-based intelligence providing target identification, through a collaboration between ICEYE, CTI Aeroespacial, the Portuguese Air Force, and Geosat. Here is what is the ICEYE ISR Cell for NATO space-based tactical Intelligence: The NATO Tiger Meet exercise in Beja, Portugal was held on 22 –30 September 2025, in close coordination with the Centre of Space Operations from the Portuguese Air Force, according to ICEYE that provides monitoring to detect and respond to changes in any location on Earth, faster and more accurately than ever before. What is the NATO Tiger Meet exercise held in Portugal? The NATO Tiger Meet exercise highlights the collaboration between ICEYE, CTI Aeroespacial, the Portuguese Air Force, and Geosat for tactical space-based intelligence integrated seamlessly into operational environments, particularly for target identification and coherence change detection by bringing space-based data closer to the frontline. The NATO Tiger Meet exercise just held in Portugal involved around 1,700 military personnel from 12 different countries with the aim to strengthen interoperability between allied forces. This included training focused on realistic scenarios of integrated air defense, offensive air combat, attack, and support for land and sea components, which are essential to respond to current military defense challenges. What is the ICEYE ISR Cell for NATO space-based tactical Intelligence? ICEYE, the global leader in Synthetic Aperture Radar satellite operations, demonstrated its operational capabilities through the ISR Cell that is a mobile unit that gives defense forces direct access to space-based tactical Intelligence, Surveillance, and Reconnaissance (ISR) in near real time. The data collected is rapidly analyzed and transformed into actionable knowledge, delivering information that is more current, accurate, and relevant. What is Portugal's involvement in European Defence in 2025? “Working alongside the Portuguese Air Force, CTI Aeroespacial, and GEOSAT, we are proving how tactical space-based intelligence can be seamlessly integrated into modern military operations, enabling critical decisions to be made in minutes, not hours,” stated Jordi Laguarda of ICEYE . " Integrating the space component into an exercise of the scale of the NATO Tiger Meet shows that using satellite data in operational environments is already a reality for the Air Force. This achievement reflects a sustained effort to position the Air Force in Space, now recognized as the 5th Operational Domain. This forward-looking approach places us at the cutting edge of military operations and significantly enhances our information superiority. The active involvement of companies such as ICEYE, a global leader in its field, is a clear recognition from the space industry of the Portuguese Air Force’s role, making this partnership a milestone in our path toward Space," stated General João Cartaxo Alves, Chief of Staff of Portuguese Air Force .
- What are the most popular Winter destinations booked via online platforms in Europe?
Canary Islands - Portugal Business News Travel & Tourism News Europe – Here are the Top 10 most popular Winter destinations booked via online tourism platforms in Europe, including Airbnb, Booking and Expedia, according to a report published by Eurostat on October 1st, 2025: 1 - Here are the most popular countries for Winter holidays in Europe booked via online platforms in the first quarter of 2025: 1 - Spain (with 5 out of the Top 20 regions) 2 – France (with 5 out of the Top 20 regions) 3 – Italy (with 3 out of the Top 20 regions) 4 – Austria (with 2 out of the Top 20 regions) 5 – Portugal (with 2 out of the Top 20 regions) 2 - Here are the most popular regions for Winter holidays in Europe booked via online platforms in the first quarter of 2025: 1 - The Canary Islands with a total of 8.8 million nights booked, 2 - The Rhône-Alpes region with a total of 8.1 million nights booked, 3 - Andalusia with a total of 7.7 million nights booked. 3 - Here are the Top 10 most popular Winter destinations per month booked via online Tourism platforms in Europe in 2025: 1 – Canary Islands (Canarias) - Spain The Canary Islands ranks No. 1 most popular Winter destination booked via online tourism platforms in Europe as follows: January: 3,001,125 guest nights were booked via online platforms in the Canary Islands February: 2,961,928 guest nights were booked via online platforms in the Canary Islands March: 2,854,659 guest nights were booked via online platforms in the Canary Islands. 2 – Rhône-Alpes region – France The Rhône-Alpes region ranks 2nd most popular Winter destination booked via online tourism platforms in Europe as follows: January: 2,358,022 guest nights were booked via online platforms in the Rhône-Alpes region February: 3,485,371 guest nights were booked via online platforms in the Rhône-Alpes region March: 2,275,825 guest nights were booked via online platforms in the Rhône-Alpes region 3 – Andalusia (Andalucía) - Spain The Andalusia region ranks 3rd most popular Winter destination booked via online tourism platforms in Europe as follows: January: 2,203,367 guest nights were booked via online platforms in the Andalusia region February: 2,714,662 guest nights were booked via online platforms in the Andalusia region March: 2,808,604 guest nights were booked via online platforms in the Andalusia region 4 - Île-de-France – France Île-de-France ranks 4 th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 1,801,054 guest nights were booked via online platforms in the Île-de-France region February: 1,707,789 guest nights were booked via online platforms in the Île-de-France region March: 2,076,019 guest nights were booked via online platforms in the Île-de-France region 5 - The Catalonia region (Cataluña) – Spain The Catalonia region ranks 5 th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 1,147,401 guest nights were booked via online platforms in the Catalonia region February: 1,330,516 guest nights were booked via online platforms in the Catalonia region March: 1,446,025 guest nights were booked via online platforms in the Catalonia region 6 - Provence-Alpes-Côte d'Azur region - France The Provence-Alpes-Côte d'Azur region ranks 6th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 1,000,243 guest nights were booked via online platforms in the Provence-Alpes-Côte d'Azur region February: 1,533,547 guest nights were booked via online platforms in the Provence-Alpes-Côte d'Azur region March: 1,259,509 guest nights were booked via online platforms in the Provence-Alpes-Côte d'Azur region 7 - Valencian Community – Spain The Valencian Community ranks 7th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 962,862 guest nights were booked via online platforms in the Valencian Community February: 1,227,325 guest nights were booked via online platforms in the Valencian Community March: 1,334,350 guest nights were booked via online platforms in the Valencian Community 8 - Community of Madrid (Comunidad de Madrid) – Spain The Community of Madrid ranks 8th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 944,188 guest nights were booked via online platforms in the Community of Madrid February: 891,760 guest nights were booked via online platforms in the Community of Madrid March: 1,043,692 guest nights were booked via online platforms in the Community of Madrid 9 – The Lazio region – Italy The Lazio region ranks 9th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 912,763 guest nights were booked via online platforms in the Lazio region February: 1,142,716 guest nights were booked via online platforms in the Lazio region March: 1,450,190 guest nights were booked via online platforms in the Lazio region 10 – Tyrol – Austria The Tyrol region ranks 10th most popular Winter destination booked via online tourism platforms in Europe as follows: January: 824,209 guest nights were booked via online platforms in the Tyrol region February: 1,052,635 guest nights were booked via online platforms in the Tyrol region March: 677,881 guest nights were booked via online platforms in the Tyrol region
- The OECD highlights the Green Transition of Portugal’s Textile Industry
The OECD highlights the Green Transition Portugal’s Textile Industry - Portugal Business News Green News Europe - The OECD highlights how Portugal’s Textile Industry is managing its Green Transition in a report dated September 26 th , 2025, by Marco Marchese from the OECD and António Braz Costa from CITEVE and CeNTI. Here is how Portugal’s Textile Industry is managing its Green Transition: 1 – Why is the Green Transition of the textile industry essential? From fields to fast fashion, the journey of a single T-shirt can leave behind a trail of environmental damage: Producing just one pair of jeans uses up to around 7,500 liters of water, that is equal to the amount one person drinks over seven years. Moreover, synthetic fibers shed tiny plastic particles, adding to the estimated half a million tons of microplastics entering the oceans each year. The global textile and clothing industry also accounts for about 10% of carbon emissions and 20% of wastewater, according to the OECD report “The green transition of SMEs: A tale from Portugal’s textile and clothing industry”. 2 - What is the importance of Portugal’s textile industry in the context of the EU? As the fashion cycle accelerates, so too does the environmental footprint of the global textile industry and the need to manage the sector’s green transition. Portugal has a large textile industry with around 12,000 companies employing around 132,000 employees in 2022. Portugal’s textile industry generates a turnover of around EUR 8.86 billion, out of which 70% is for the export market. Portugal’s textile industry is also significant at EU level, since it generates 10% of the EU’s Textile and Clothing jobs and 5% of the sector’s turnover in the EU. 3 - How is Portugal’s Textile Industry managing its Green Transition? Portugal is transitioning towards green textile products, from the development of bio-based materials to better water management, as well as decarbonization, and circularity, under the technical coordination of CITEVE, the Portuguese Tech center for Textile and Clothing industries. This is how Portugal is managing the Green Transition of Textile and Clothing Industry in 2025: 1 - Portugal stands out for its innovative investments in eco-friendly materials, including forestry byproducts where cellulose is extracted from trees and is transformed into biodegradable fibres like lyocell, that is a strong and versatile alternative to synthetic materials. Other Portuguese green innovations in the textile industry include recycling agricultural waste such as corn husks, grape skins, and other organic waste to produce natural fibres and dyes. 2 - Portugal’s Ocean economy now includes algae-based textiles, which use algae to create biodegradable fabrics, that is another important innovation to reduce reliance on petroleum-based products. 3 - IT and automation developments in Portugal’s textile industry have also introduced breakthrough technologies and innovations such as The Digital Product Passport (DPP). IT technologies allow for managing closed-loop water systems that capture, treat, and recycle water used in production processes, thus significantly reducing water consumption and discharge. Textile companies are investing in rainwater collection systems to supplement water supplies and deploying innovative polymer particles that cut water and energy use during the dyeing process. 4 - Portugal’s textile industry is also taking advantage of the fact that the country has one of the highest rates of renewable electricity production in the world, and many factories have installed their own solar, wind and biomass systems to power operations, while machinery upgrading is helping manufacturers lower their carbon footprint by reducing energy consumption. 5 - Sustainability is high on the agenda and Portugal has emerged as a hub for circular fashion. In Portugal’s northern region, where nearly 90% of the country’s Textile industry is concentrated, several companies are recycling industrial waste and discarded garments into high-quality secondary raw materials. As Portugal illustrates, the green transition of the Textile industry is not only a climate imperative but also a business opportunity to innovate production, secure local jobs through SMEs, and to capture a larger share of the growing global demand for sustainable fashion.
- The Best Business Internationalization Agencies in Europe in 2025
The Best Business Internationalization Agencies in Europe in 2025 - Portugal Business News EU Business News – Here are the Best Business Internationalization agencies in Europe in 2025, as announced by the European Commission under the European Enterprise Promotion Awards (EEPA) 2025: Scaling across borders is a major step for many SMEs and the EU award for Supporting the Internationalization of Business rewards innovative approaches that help businesses grow internationally and that leverage the full potential of the EU Single Market. Here are the Best Business Internationalization agencies in Europe 2025, according to the European Commission: 1 – Germany - Gründungswerft e.V. ("Founders Shipyard") Germany has one of the Best Business Internationalization agencies in Europe 2025, according to the European Commission, namely the Gründungswerft e.V. ("Founders Shipyard") - Gründungswerft - Die größte Startup-Community in Norddeutschland. 2 – Malta - inMALTA, Tech.mt Foundation Malta has one of the Best Business Internationalization agencies in Europe 2025, according to the European Commission, namely inMALTA, Tech.mt Foundation. 3 – Slovakia - International Innovation Festival 2025, INOVIA Slovakia has one of the Best Business Internationalization agencies in Europe 2025, according to the European Commission, namely International Innovation Festival 2025, INOVIA - Innovation Centre (in Žilina region of Slovakia). 4 – Slovenia - POPRI – Entrepreneurs of the future Slovenia has one of the Best Business Internationalization agencies in Europe 2025, according to the European Commission, namely POPRI – Entrepreneurs of the future, Primorski tehnološki park d.o.o. 5 – Ukraine - Collaborate for Impact, Silab Ukraine Ukraine has one of the Best Business Internationalization agencies in Europe 2025, according to the European Commission, namely Collaborate for Impact, Silab Ukraine.
- What are the new UNESCO Biosphere Reserves in Europe in 2025?
What are the new UNESCO Biosphere Reserves in Europe in 2025? - Portugal Business News Environment News Europe - Here are the new UNESCO Biosphere Reserves in Europe designated on September 27th, 2025, with images: The UNESCO World Network of Biosphere Reserves now includes 785 sites in 142 countries, and São Tomé and Príncipe becomes the first State to have its entire territory designated as a biosphere reserve. The UNESCO Biosphere Reserves now protect 5% of the planet. Here is the list of the new UNESCO Biosphere Reserves in Europe designated in 2025: 1 – Albania - Vjosa Valley Biosphere Reserve Albania - Vjosa Valley Biosphere Reserve - Portugal Business News Albania has a new UNESCO Biosphere Reserve designated in 2025, the Vjosa Valley Biosphere Reserve. 2 - France - Lac du Bourget + Marshes at La Loire France has two new UNESCO Biosphere Reserves designated in 2025: 1 - Lac du Bourget, between the Rhône and the Alps Biosphere Reserve - France Lac du Bourget, between the Rhône and the Alps Biosphere Reserve - France - Portugal Business News 2 - Marshes and Tides between the Loire and the Vilaine Biosphere Reserve - France Marshes and Tides between the Loire and the Vilaine Biosphere Reserve - France - Portugal Business News 3 – Greece - Mount Parnon – Cape Maleas Biosphere Reserve Greece - Mount Parnon – Cape Maleas Biosphere Reserve - Portugal Business News Greece has a new UNESCO Biosphere Reserve designated in 2025, the Mount Parnon – Cape Maleas Biosphere Reserve. 4 – Iceland - Snæfellsnes Biosphere Reserve Iceland - Snæfellsnes Biosphere Reserve - Portugal Business News Iceland has a new UNESCO Biosphere Reserve designated in 2025, the Snæfellsnes Biosphere Reserve. Snæfellsnes is Iceland’s first Biosphere Reserve. 5 – Portugal - Arrábida Biosphere Reserve Portugal - Arrábida Biosphere Reserve - Portugal Business News Portugal has a new UNESCO Biosphere Reserve designated in 2025, the Arrábida Biosphere Reserve. 6 – Sweden - Storkriket Biosphere Reserve Sweden - Storkriket Biosphere Reserve - Portugal Business News Sweden has a new UNESCO Biosphere Reserve designated in 2025, the Storkriket Biosphere Reserve.
- Sweden will produce Gripen E fighter jets in Portugal
Sweden will produce Gripen E fighter jets in Portugal - Portugal Business News Defense News Europe - Sweden will produce Gripen E fighter jets in Portugal, following the Memorandum signed between SAAB and Portuguese companies OGMA and Critical Software when Swedish Defense Minister Pål Jonson visited Portugal on September 25 th . Swedish Defense corporation SAAB will produce Gripen E fighter jets as an innovative and cost-effective solution, investing in partnerships with OGMA and Critical Software to boost the EU defense industry. The EU’s shift towards European-made options has led Saab to choose Portugal to produce fighter jets that rival the best in the world. What is the Gripen E fighter jet? The Gripen E fighter jet relies on advanced electronic warfare (EW) systems that create a 360-degree electronic bubble around the aircraft, so it is capable of operating in highly contested combat environments. The Gripen E fighter jet achieves air supremacy with the carriage of up to seven Meteor Beyond Visual Range Air-to-Air Missiles and two Within Visual Range IRIS-T missiles. The Gripen fighter jet developed by Swedish defense giant SAAN is highly adaptable and innovative, since its unique design separates the tactical software from the flight hardware, allowing updates to be made quickly and at a reduced cost. The Gripen E AI-piloted aircraft is extremely difficult to defeat in combat and the flexibility and speed in implementing updates to its defense systems have been a key feature of the Ukrainian battlefield. The Gripen E fighter jet is capable of operating in hostile environments and is able to use highway lanes as runways for landing and takeoff. Why Did Sweden choose Portugal for producing the Gripen E fighter jet? The golden rule for modernizing the EU Armed Forces is to ensure the involvement of national defense industries to provide the much-desired strategic autonomy. "You have very strong companies here," stated Daniel Boestad, highlighting the potential of integrating Portugal into the Gripen production and maintenance chain. This new cooperation will enable a large-scale technological and industrial transfer program so Portugal may become an important partner in the Gripen’s global supply chain. The Gripen E fighter jet is capable of mid-air refueling, and Portugal is preparing to acquire refueling kits for Embraer's KC-390 aircraft. According to Saab, the combination of these two aircraft that are used by both Sweden and Brazil is an example of a "successful partnership." Saab will cooperate with Portuguese company OGMA for the production, maintenance, repair, and overhaul of the Gripen E fighter jet, while Critical Software will participate in several joint projects in the aviation software sector. Swedish Defense Minister Pål Jonson stated that the new Gripen E aircraft built by Saab will remain in service until at least 2050. Sweden plans to accelerate its military buildup is aiming to reach NATO’s new defense spending targets, namely 3.5 percent of GDP on core defense plus 1.5 percent on related investments, by 2030.
- Ranking of High-tech exports from the EU by type of product
Ranking of High-tech exports from the EU by type of product - Portugal Business News Tech News Europe - High-tech exports from the EU registered a surplus of 23 billion euros in 2024, with exports reaching 501 billion euros, that is an export growth of 8.1% compared to 2023. Here are the EU’s main export markets for high-tech products and the ranking by type of product, according to Eurostat: 1 - Ranking of High-tech exports from the EU by type of product: 1 - Pharmaceutical Products United States, Switzerland and Japan are the No. 1 export markets for Pharmaceutical Products from Europe. 2 - Electronics and Communication products China is the No. 1 export markets for Electronics and Communication products from Europe. 3 - Aerospace sector products The United Kingdom and Türkiye are the No. 1 export markets for Aerospace sector products from Europe. 2 - Here are the EU’s main export markets and export value for high-tech products by type of product: 1 – United States The United States ranks No. 1 export market for high-tech products from Europe in 2024, with a total export value of 156 billion euros. Here are the Top 3 main types of products Europe exported to the US in 2024: 1 – Pharmaceutical products Europe exported a total market value of 84 billion euros of Pharmaceutical products to the US in 2024. 2 – Aerospace sector products Europe exported a total market value of 23 billion euros of Aerospace sector products to the US in 2024. 3 - Scientific Instruments Europe exported a total market value of 20 billion euros of Scientific Instruments to the US in 2024. 2 – China China ranks 2nd export market for high-tech products from Europe in 2024, with a total export value of 49 billion euros. Here are the Top 3 main types of products Europe exported to China in 2024: 1 – Electronics and Communication products Europe exported a total market value of 15 billion euros of Electronics and Communication products to China in 2024. 2 – Scientific Instruments Europe exported a total market value of 10 billion euros of Scientific Instruments to China in 2024. 3 - Pharmaceutical products Europe exported a total market value of 9 billion euros of Pharmaceutical products to China in 2024. 3 – United Kingdom The United Kingdom ranks 3rd export market for high-tech products from Europe in 2024, with a total export value of 48 billion euros. Here are the Top 3 main types of products Europe exported to the UK in 2024: 1 – Electronics and Communication products Europe exported a total market value of 10 billion euros of Electronics and Communication products to the United Kingdom in 2024. 2 – Pharmaceutical products Europe exported a total market value of 10 billion euros of Pharmaceutical products to the United Kingdom in 2024. 3 - Aerospace sector products Europe exported a total market value of 10 billion euros of Aerospace sector products to the United Kingdom in 2024. 4 – Switzerland Switzerland ranks 4th export market for high-tech products from Europe in 2024, with a total export value of 29 billion euros. Here are the Top 3 main types of products Europe exported to the Switzerland in 2024: 1 – Pharmaceutical products Europe exported a total market value of 15 billion euros of Pharmaceutical products to Switzerland in 2024. 2 – Electronics and Communication products Europe exported a total market value of 5 billion euros of Electronics and Communication products to Switzerland in 2024. 3 - Scientific Instruments Europe exported a total market value of 3 billion euros of Scientific Instruments to Switzerland in 2024. 5 – Japan Japan ranks 5th export market for high-tech products from Europe in 2024, with a total export value of 15 billion euros. Here are the Top 3 main types of products Europe exported to the Japan in 2024: 1 – Pharmaceutical products Europe exported a total market value of 5 billion euros of Pharmaceutical products to Japan in 2024. 2 – Scientific Instruments Europe exported a total market value of 3 billion euros of Scientific Instruments to Japan in 2024. 3 - Electronics and Communication products Europe exported a total market value of 2 billion euros of Electronics and Communication products to Japan in 2024. 6 – Türkiye Türkiye ranks 6th export market for high-tech products from Europe in 2024, with a total export value of 14 billion euros. Here are the Top 3 main types of products Europe exported to the Türkiye in 2024: 1 – Aerospace sector products Europe exported a total market value of 5 billion euros of Aerospace sector products to Türkiye in 2024. 2 – Electronics and Communication products Europe exported a total market value of 3 billion euros of Electronics and Communication products to Türkiye in 2024. 3 - Pharmaceutical products Europe exported a total market value of 2 billion euros of Pharmaceutical products to Türkiye in 2024.
- Top 10 European countries attracting the most foreign direct investment
Top 10 European countries attracting the most foreign direct investment - Portugal Business News Investment News Europe – Here are the Top 10 European countries attracting the most foreign direct investment (FDI) in 2024 by number of projects, as well as fastest growing markets in Europe for foreign direct investment (FDI) projects, according to the EY 2025 report: 1 – What are the fastest growing markets in Europe for foreign direct investment (FDI) projects? The fastest growing markets in Europe for foreign direct investment (FDI) projects are: 1 – Spain Spain is the No. 1 fastest growing market for foreign direct investment (FDI) projects with a share of +15% of projects in 2024 compared to 2023. 2 – Poland Poland is the 2nd fastest growing market for foreign direct investment (FDI) projects with a share of +13% of projects in 2024 compared to 2023. 3 – Italy Italy is the 3rd fastest growing market for foreign direct investment (FDI) projects with a share of +5% of projects in 2024 compared to 2023. 2 – Here are the Top 10 European countries attracting the most foreign direct investment (FDI) by number of projects in 2024: 1 – France France ranks No. 1 country in Europe attracting the most foreign investment in 2024, with a total of 1,025 foreign direct investment (FDI) projects, that represents a share of -14% of projects compared to 2023. However, France attracted a lower share of foreign investment in 2024 compared to the previous year since the country suffered a protracted period of political uncertainty following legislative elections. This was compounded by high labor costs, impending exceptional corporation taxes for large businesses, and uncertainty about the continuation of tax credits all acted as deterrents to potential investors. 2 – United Kingdom The UK ranks 2 nd country in Europe attracting the most foreign investment in 2024, with a total of 850 foreign direct investment (FDI) projects, that represents a share of -13% of projects compared to 2023. The UK attracted a lower share of foreign investment in 2024 compared to the previous year since the country continues to struggle to raise low productivity levels and endures some of the highest energy prices in Europe. 3 – Germany Germany ranks 3 rd country in Europe attracting the most foreign investment in 2024, with a total of 850 foreign direct investment (FDI) projects that represents a share of -17% of projects compared to 2023. Germany attracted a lower share of foreign investment in 2024 compared to the previous year since the country suffers as a destination for FDI due to the loss of cheap Russian energy, declining exports to China and a weakened manufacturing sector. 4 – Spain Spain ranks 4 th country in Europe attracting the most foreign investment in 2024, with a total of 351 foreign direct investment (FDI) projects. Spain is however the No. 1 fastest growing market for foreign direct investment (FDI) projects with a share of +15% of projects compared to 2023. By contrast to western European countries, foreign investment increased across many countries in Central, Eastern and Southern Europe. Spain stands-out as the best performer for attracting foreign direct investment in 2024, with the number of announced projects surging 15% due to a combination of strong economic performance, relatively low energy and labor costs, and an abundant supply of land. Spain also benefited from a funding of EUR 163 billion from the NextGenerationEU (NGEU) scheme, the second-largest amount secured in the EU. 5 – Turkey Turkey ranks 5 th country in Europe attracting the most foreign investment in 2024, with a total of 351 foreign direct investment (FDI) projects, that represents a share of -15% of projects compared to 2023. 6 – Poland Poland ranks 6 th country in Europe attracting the most foreign investment in 2024, with a total of 259 foreign direct investment (FDI) projects. Poland is however the 2nd fastest growing market for foreign direct investment (FDI) projects with a share of +13% of projects compared to 2023. 7 – Italy Italy ranks 7 th country in Europe attracting the most foreign investment in 2024, with a total of 224 foreign direct investment (FDI) projects. Italy is however the 3rd fastest growing market for foreign direct investment (FDI) projects with a share of +5% of projects compared to 2023. 8 – Belgium Belgium ranks 8 th country in Europe attracting the most foreign investment in 2024, with a total of 210 foreign direct investment (FDI) projects, that represents a share of -2% of projects compared to 2023. 9 – Portugal Portugal ranks 9 th country in Europe attracting the most foreign investment in 2024, with a total of 196 foreign direct investment (FDI) projects, that represents a share of -11% of projects compared to 2023. In sectoral terms, software and IT services continue to lead in FDI, with 137 projects secured in 2024. Despite a decrease of 23 projects compared to 2023, Portugal still ranks 4th in the European ranking for the IT sector, with a share of 29.1% of all FDI projects in Portugal, compared to an average share of 14.6% in Europe. 10 – Netherlands The Netherlands ranks 10 th country in Europe attracting the most foreign investment in 2024, with a total of 147 foreign direct investment (FDI) projects, that represents a share of -6% of projects compared to 2023.
- Tether.io & US crypto bank Anchorage Digital launch stablecoin USA₮
Tether.io & US crypto bank Anchorage Digital launch stablecoin USA₮ - Portugal Business News Cryptocurrency News – Tether.io and US crypto bank Anchorage Digital just launched stablecoin USA₮ in New York with plans for being listed on the Stock Exchange. What is stablecoin USAT? A new era for digital dollars has begun, with Portuguese Unicorn Anchorage Digital, that is headquartered in the US, becoming the only federally regulated crypto bank to issue the first stablecoin created specifically for the United States: the USA₮. Crypto bank Anchorage Digital will provide the fully regulated foundation for Tether to bring digital dollars to America. Tether is the largest stablecoin company in the world with over USD160 billion in circulation globally. Tether is pioneering digital asset innovation and global stablecoin adoption with the largest stablecoin in the world, the USDT, that is trusted by more than 500 million users globally to bring secure access to digital dollars. The United States enacted the GENIUS Act to regulate U.S. stablecoins. With the USDT, Tether and Anchorage Digital are bringing the largest stablecoin ecosystem in the world under federal oversight in the United States, while setting the gold standard for the U.S. stablecoin market. “ This is about more than just launching a new token—it is about advancing the strength of the U.S. dollar globally for decades to come ,” stated Nathan McCauley, CEO and Co-Founder of Anchorage Digital. Anchorage Digital Bank is the only U.S. federally regulated and GENIUS-compliant stablecoin issuer bank, and is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a Series D valuation over $3 billion. Click to learn more about Anchorage Digital.











