Addressing the American Club of Lisbon on the 101st day since the new Joe Biden Democratic administration took office at the White House, Molly Montgomery, the Deputy Assistant Secretary for the [...]

The economist, one-time president of Novo Banco and head of financial payments processing company SIBS, Vítor Bento, is the new president of Portugal’s banking association APB. Bento will replace [...]

Portugal’s banks and credit institutions lent a massive €1.3Bn for mortgages in March in what was the highest amount of credit lent since January 2008. According to figures from the Bank of [...]

Physical sales of music formats saw a fall of 19.8% in 2020 on 2019 According to the Portuguese Phonographic Association (AFP) sales were worth €6.7 million and in 2020 plummeted to €5.4 million. [...]

Portuguese businessman João Gama Leão, whose company Prebuild left Novo Banco with a trail of debts worth €300 million, is yet another voice who has joined the chorus of criticisms levelled at [...]

The Portuguese government has postponed the competition for contracts to extract lithium ore in Montalegre until the end of 2021. One of the reasons why has to do with the fact that the Mining [...]

By the end of 2021 one in four eateries in Portugal will be technically bankrupt according to estimates from the Bank of Portugal. The BoP forecasts that 26% of companies in the restaurant and [...]

A British investor has bought the space occupied by Porto’s iconic custard cream tart store Castro for €1.7 million. In a deal supported by Athena Advisers and JLL, it is not clear if the site [...]

WavEC (the leading Portuguese research institution) and EDP NEW (the innovation focused investment arm of the Portuguese utility) are part of a pan-European consortium — led by X1 Wind – [...]

The revenues of Portuguese telecommunications regulator Anacom increased 2% to €97.3 million but expenses rose 13% to €62.8 million. Profits therefore fell 13% last year to €34.5 million. The [...]