Portugal’s Minister of Infrastructure and Housing says that TAP’s private shareholders have not shown any commitment to the future of the national airline. Pedro Santos Nunes said he had [...]
The International Club of Portugal (ICPT) and International Cultural Club of Portugal (ICCP) have signed a partnership protocol with the aim of developing joint activities and leveraging the [...]
Olimpo Real Estate Portugal is the first Portuguese REIT to get listed on the Lisbon stock market Euronext. A (commercial) real estate investment trust (REIT), Olimpo Real Estate Portugal SIGI, [...]
The European Space Agency’s incubator centre run by the Pedro Nunes Institute has invited applications to a programme for data/technology startups linked to space industry technology. The [...]
Portuguese airline TAP says it will not be able to repay a State capital loan of up to €1.2Bn which it needs to stay in the air within the six months stipulated by the European Commission. “The [...]
It now seems increasingly likely that former Finance Minister Mário Centeno will fill the chair of the Governor of the Bank of Portugal. The Prime Minister António Costa met with the outgoing [...]
Montepio Bank is to downscale the number of branches it has to adjust to what it calls “a new cycle”. It has told staff that it will “merge” 31 geographically redundant branches in a move which [...]
The CEO’s of the Portuguese electricity giant EDP (Energias de Portugal), António Mexia and João Manso Neto are suspected of having bribed a minister, a secretary of state, a government aide and [...]
Economic uncertainty is likely to fuel a drop in rental income for office and retail space by between five and 10%. The downward price pressure is being driven by the perception of risk from [...]
A former secretary of State has warned that a new bank tax imposed by the Government will likely be passed on in bank charges to their customers. In an interview with Dinheiro Vivo, Sérgio [...]