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Upbeat government with above-expected GDP due to vaccinations and tourism – Observer



Upbeat government with above-expected GDP due to vaccinations and tourism - Observer

The Economy Minister said on Wednesday that he was “optimistic” about the increase in Portugal’s gross domestic product (GDP) compared to Brussels’s forecast, given the “extremely positive” signs over the past few months with vaccinations and the resumption of vaccinations. tourism.

“The data on our economy in April and May is extremely positive. and they surprise all observers with their positive position: employment is growing, we see a very high level of trust in companies and consumers, ”said Pedro Siza Vieira, addressing Portuguese journalists in Brussels.

When asked about the latest economic forecasts from the European Commission, which indicate Portugal’s GDP has grown by 3.9% this year and 5.1% in 2022. – the official noted that “these forecasts are always made on the basis of the most reliable information available at the moment.”

And what I can say is that the information we have at the moment gives us some optimism about how the Portuguese economy will behave this year, ”said Pedro Siza Vieira.


This executive assessment was fueled by the “excellent behavior of the Portuguese export industry” as well as the “return of tourist activity”, which suggests “to think that, at the end of the year, the growth of the Portuguese economy will be higher than anticipated “– stressed the minister.

In this conversation, the day before Portugal is nominated as the European Union Presidency of the Competitiveness Council, which runs from Thursday to Friday, the Minister of State for Economy and Digital Transition also noted that “since vaccination plans are carried out in Portugal, the rest of The EU and the United States have created conditions for the normalization of social life and, therefore, for the resumption of economic activity. “

I believe that the combination of this normalization of the epidemiological situation with the development of a very large stimulus package and the great appetite for consumption that we see in all European countries (…) allows us to look to the future with greater confidence, ”said Pedro Siza Vieira.

However, “we can never avoid adverse scenarios,” said Pedro Siza Vieira.

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Since May 17, passengers on flights departing from countries of the European Union, countries belonging to the Schengen area (Liechtenstein, Norway, Iceland and Switzerland) and the United Kingdom, with a SARS-CoV incidence rate of -2 less than 500 cases per 100 thousand residents in the last 14 days, they can make all types of travel to Portugal, including minor travel (e.g. tourist).

In terms of vaccinations, according to a weekly report released on Tuesday by the Directorate General of Health, a total of 3,526,688 people (34% of Portugal’s population) have already been vaccinated with the first dose and 1,654.55 people (16% of Portuguese). population) have already been fully vaccinated in Portugal.

Last week, in an interview with Agencia Luz, Minister of State and Finance Minister Juan Leau admitted that Portugal’s GDP could grow by a percentage point above the expected 4% due to a “very rapid” change in economic conditions.

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Portuguese historical films will premiere on 29 December.



Portuguese historical films will premiere on 29 December.

Method Media Bermuda will present the documentary FABRIC: Portuguese History in Bermuda on Thursday, December 29 at the Underwater Research Institute of Bermuda.

A spokesperson said: “Method Media is proud to bring Bermuda Fabric: Portugal History to Bermuda for its 5th and 6th showing at the Bermuda Underwater Observatory. In November and December 2019, Cloth: A Portuguese Story in Bermuda had four sold-out screenings. Now that Bermuda has reopened after the pandemic, it’s time to bring the film back for at least two screenings.

“There are tickets For $ 20 – sessions at 15:30 and 18:00. Both screenings will be followed by a short Q&A session.

Director and producer Milton Raboso says, “FABRIC is a definitive account of the Portuguese community in Bermuda and its 151 years of history, but it also places Bermuda, Acors and Portugal in the world history and the events that have fueled those 151 years.

“It took more than 10 years to implement FABRIC. The film was supported by the Minister of Culture, the Government of the Azores and private donors.

Bermuda Media Method [MMB] Created in 2011 by producer Milton Raposo. MMB has created content for a wide range of clients: Bermuda’s new hospital renovation, reinsurance, travel campaigns, international sports and more. MMB pays special attention to artistic, cultural and historical content.

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Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.



Maestro de Braga is the first Portuguese in the National Symphony Orchestra of Cuba.

Maestro Filipe Cunha, Artistic Director of the Philharmonic Orchestra of Braga, has been invited to conduct the Cuban National Symphony Orchestra, as announced today.

According to a statement sent by O MINHO, “he will be the first Portuguese conductor to conduct this orchestra in its entire history.”

In addition to this orchestra, the maestro will also work with the Lyceo Mozarteum de la Habana Symphony Orchestra.

The concerts will take place on 4 and 12 March 2023 at the National Theater of Cuba in Havana.

In the words of the maestro, quoted in the statement, “these will be very beautiful concerts with difficult but very complex pieces” and therefore he feels “very motivated”.

From the very beginning, Rachmaninoff’s Piano Concerto No. 2 will be performed by an Italian pianist (Luigi Borzillo), whom the maestro wants to bring to Portugal later this year. In the same concert, Mendelshon’s First Symphony will be performed.

Then, at the second concert, in the company of the Mexican clarinetist Angel Zedillo, he will perform the Louis Sfora Concerto No. 2. In this concert, the maestro also conducts Tchaikovsky’s Fifth Symphony.

“This is an international recognition of my work. An invitation that I accept with humility and great responsibility. I was surprised to learn that I would be the first Portuguese member of the Cuban National Symphony Orchestra. This is a very great honor,” the maestro said in a statement.

“I take with me the name of the city of Braga and Portugal with all the responsibility that goes with it, and I hope to do a good job there, leaving a good image and putting on great concerts. These will be very special concerts because, in addition to performing pieces that I love, especially Rachmaninov and Tchaikovsky, I will be directing two wonderful soloists who are also my friends. It will be very beautiful,” concludes Filipe Cunha.

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