The CEO of Portuguese State bank Caixa Geral de Depósitos argued this week that Portugal’s banking sector will likely consolidate over the next two years. That consolidation, which could involve [...]
Works began over the summer for a new hotel in the building that houses Lisbon’s Santa Apolónia station on the Tagus estuary riverfront not far from the city’s cruise ship terminal. The project [...]
The European Parliament has stepped up pressure to abolish Golden Visa schemes within European Union countries like Portugal. It plans to do this because it states that EU citizenship, [...]
Portugal’s national petroleum and gas company Galp has seen its profits eroded to post a €45 million loss to September. In 2019 it enjoyed profits of €403 million but now has seen all that wiped [...]
United States fresh investment in Portugal from 39 companies stood at €1Bn from 2014 to 2019, creating 6,806 jobs in mostly new projects. US investment exceeded US$1.1Bn (€991 million) and [...]
The 20-year saga of Portugal’s high-speed rail connection to Madrid, Porto and Vigo is back on track after being shelved through lack of funds. On 6 June 1999 national newspapers trumpeted the [...]
What might travel be like during the recovery period once Covid-19 is under control? Thanks to its aggressive national response to the pandemic, Portugal is providing clues. Native Floridian [...]
TAP operations data to September reveals that the recovery in passenger numbers and flights for the Portuguese carrier will be “very slow” according to the airline’s new CEO, Ramiro Sequeira, who [...]
By Natasha Donn [email protected] Foreign buyers were not put off from buying homes in Portugal in 2020 despite the pandemic according to estate agents. That is the message from [...]
Around 80% of Portugal’s hotel bookings were wiped out this year because of the coronavirus pandemic. And around 25% of hotels were shut in September and with the new State of Calamity and Covid [...]