The new interim CEO of Portuguese airline TAP, Ramiro Sequeira has called on “unity and common sense” to enable decisions to be taken for the good of the airline within the context of a “very [...]

Uncertainty during Portugal’s lockdown over jobs and the ability to pay mortgages long-term despite the Government’s moratorium meant house sales fell 35.25% in April. And the number [...]

The former Portuguese European Commissioner Carlos Moedas has warned that there is a high possibility that the UK will leave the EU at the end of the year without an agreement. Moedas argues that [...]

Portugal’s mutual bank Montepio is planning to make 800 staff redundant as part of a major restructuring process. The bank is to ask the Government to issue the statute of a company under [...]

Thousands of British citizens whose registered address is in Portugal and who do not have a second home in the United Kingdom risk losing their bank accounts by the end of the year. Lloyds, [...]

The candidates which took home awards for the National Urban Rehabilitation Awards 2020 were divulged last week at a ceremony transmitted online from Porto City Hall. The 2020 edition had 76 [...]

China Three Gorges (CTG), the largest shareholder in Portugal’s energy giant EDP with 21.55% capital has been placed on the US Government’s ‘black list’ since 28 August. This list, which is [...]

The President of Portugal’s Business Association (AEP) warns that the capacity for Portugal’s mostly small and medium size companies to internationalise and export goods and services overseas has [...]

Portugal’s audit office says that it is prepared to carry out a fresh audit into Novo Banco if required to by parliament. The offer from the Tribunal de Contas (audit office) comes after the head [...]

Company debt in Portugal has increased by half a billion euros this year because of the Coronavirus pandemic. Debt in the non-financial sector worsened by €4.6Bn in July to €740Bn, returning to [...]