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The amount of personal loans being taken out by Portuguese consumers has risen to pre-crisis levels according to the Bank of Portugal. The central bank particularly highlights the number loans [...]

Portuguese airline euroAtlantic airways has admitted this week that it is “in negotiations” to sell the company to Luxembourg airline I-Jet Aviation. The Portuguese charter airline which operates [...]

Portugal’s annual budget deficit to June 2019 shrank to €536 billion, a like-for-like improvement of €2.1 billion on the same period in 2018. Revenues continue to grow five times more than [...]

The Portuguese startup Doppio, founded by Jeferson Valadares and Christopher Barnes has just closed an investment round of €1 million. The startup which focuses on voice-controlled games will use [...]

The multinational Spanish fuel company Repsol recorded a profit of €1.1Bn in the first half of 2019, 26.7% down on the same period last year. The fall was accounted for by an extraordinary [...]

The ratings agency Moody’s has raised the rating of Portugal’s main banks CGD, BCP, Santander Totta and Novo Banco while placing Montepio under analysis for an eventual rate rise. The decision [...]

Portugal’s Golden Visa scheme, the government programme which helped kick-start Portugal’s ailing property market from 2013, seems to be stuck in the mud. The Authorisation for Residency for [...]

Portugal’s energy giant EDP (Energias de Portugal) is to invest €4 million in two electricity power stations (solar and hydro) on the island of Príncipe. The objective in the first phase is ti [...]

Portugal’s tourism minister, Ana Mendes Godinho, launched its new Tourism Innovation Centre NEST last week. NEST is the anchor project for the Tourism 4.0 initiative and will operate from Covilhã [...]

Real Estate Investment Trusts (REITS) were approved by the Portuguese parliament on Friday last week. Known as SIGIs in Portugal and SOCIMIs in Spain, it means that Portugal can now welcome [...]