Portuguese banker António Horta-Osorio, who turned the fortunes of Lloyds Bank around from 2011, starts work at Credit Suisse today. One of Europe’s longest-serving bank CEOs, he admitted in an [...]

As was expected, Portugal’s economy contracted in the first three months of 2021 with GDP falling 3.3% (compared to the fourth quarter in 2020). In like-for-like terns the fall was 5.4% However, [...]

The Portuguese construction giant Mota-Engil has won a €165 million contract in Peru for a building contract in Porto de Callao. “The contract was awarded to its subsidiary company in Peru by [...]

According to the OECD, Portugal continues to be among the countries that charges most income tax and social security contributions in advanced economies worldwide. In 2020, a Portuguese employee [...]

The number of trips overseas taken by people resident in Portugal fell to its lowest level of the decade by 41.1% last year. The impact of the Covid-19 pandemic and the introduction of more [...]

The sale of ECS restructuring funds enters its second phase this week with three investors in the running: Davidson Kempner, Bain/Cerberus and Oaktree. Davidson Kempner, a consortium formed by [...]

The Portuguese parliament has thrown out a call for tax relief to help beleaguered guest house owners operating in the country through local accommodation and airbnb schemes. Last week several [...]

An innovative Portuguese startup which has designed an application for skateboard users has received €570,000 in venture capital investment. Hunter Boards which has an independent suspension, has [...]

Buying goods such as books, music and other items is about to get more expensive for British, US and other non-EU citizens living and working in Portugal. New rules governing online commerce and [...]

Unrestricted travel to Portugal for holidays and leisure purposes from the United Kingdom should soon get the green light. According to the Daily Telegraph, Portugal will be on the British [...]