Economy
Only three eurozone countries have less purchasing power than Portugal | GDP
Mismatch purchasing power between citizens of Portugal and citizens of other European countries has increased in the past year, and Portugal is increasingly among the worst performing countries in this indicator. In the euro area, which includes 19 states, only three countries have less purchasing power than Portugal and, in a broader analysis, the purchasing power of the Portuguese is currently 75% of the European Union average.
The data was released on Thursday. National Statistical Institute (INE)which shows that in 2021 the gross domestic product (GDP) per capita in Portugal, expressed in purchasing power parity, was 75.1% of the European Union average, a drop of 1.1 percentage points compared to what was recorded in 2020. This figure has been declining for the second year in a row and is now at its lowest point since this series was launched by INE in 2009.
Thus, Portugal ranks 20th in the purchasing power parity list among the 27 countries of the European Union and 16th among the 19 eurozone countries. In this last group only Latvia, Slovakia and Greece are worse off than Portugal.
On the opposite spectrum, Luxembourg remains the country with the highest purchasing power in Europe, with more than double the European average, followed by Ireland, Norway and Switzerland (the latter two countries outside the European Union). Between Luxembourg and Albania (the country with the lowest purchasing power in Europe, with a figure corresponding to 32.3% of the European average), the difference is 236 percentage points.
Despite the fall of Portugal in relation to the European average, its position in the list is almost identical to that of the previous year: if we consider only the eurozone countries, there are no changes; already taking into account all the countries of the European Union, Portugal from year to year was second only to Poland.
At the same time, in nominal terms, GDP per capita Portugal even expanded by 7.1% in 2021, driven by a 7% nominal GDP growth and a slight decline in population compared to the previous year.
Spending on individual consumption at 83.6% of the average
In addition, emphasizes INE, these are results that “should be analyzed with caution, especially in terms of temporal evolution, since changes of a different nature occur over time, namely in terms of the choice of a common basket of goods and services in comparison, methods and sources of prices used in the calculation of purchasing power parities and the replacement of provisional values with final ones in national accounts.
In addition, purchasing power parity primarily measures the level of economic activity. A metric “more appropriate to reflect the well-being of families,” INE explains, would be individual consumption spending, which also saw a fall last year, but less pronounced than in the case of purchasing power.
In 2021, this figure in Portugal was 83.6% of the European average, slightly below the 83.9% recorded in 2020. In this case, Portugal ranks 12th in the list of Eurozone countries and 16th in the European Union.
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Economy
Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners
OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.
“The Centodieci combines all the values of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.
This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.
This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.
Recall that each unit costs the owners eight million euros before taxes.
Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.
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Economy
The first Dacia hybrid. “The cheapest hybrid family on the market”
BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.
The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.
The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”
Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.
Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.
Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.
Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…
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Economy
See how Tesla tests its electric Semi truck in the worst-case scenarios
Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.
Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.
Tesla Semi is already on the market
Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.
To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.
Tests to prove its durability
It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.
This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.
high quality electric truck
Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.
Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.
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