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Former EU commissioner Carlos Moedas has won the race for Lisbon City Hall and is, against all the odds, Lisbon’s new mayor. The mayoral candidate, who was considered a rank outsider by media and [...]

The real estate consultants Savills Portugal has completed its move to the MB4 building in Lisbon’s Campo Pequeno district. Located at Nº4 Avenida Miguel Bombarda, the property has been totally [...]

António Rios de Amorim has won the award for ‘Best CEO’ at the annual Deloitte Investor Relations Awards. (IRGAwards) The CEO of the cork company Corticeira Amorim was elected by the jury for the [...]

Almost half of the funds in Portugal’s RRP programme have already been allocated according to the entity responsible for managing and monitoring the funds, ‘Recover Portugal’. The mission [...]

Portugal’s economy actually shrank by 8.4%, not 7.6% as had been initially calculated by the National Statistics Institute (INE) which has revised the figure upwards. It is a difference of eight [...]

The Government has announced that nightclubs can reopen from 1 October but nevertheless up to 70% are expected to have filed for bankruptcy by the spring. With all of them being closed for 18 [...]

Portuguese companies are “massively undercapitalised” with 27% barely having the cashflow to keep going. Two million of Portugal’s citizens are living on the breadline, 400,000 are unemployed and [...]

The demand for housing in Portugal by international relocaters and investors fell 11% in the first half of 2021 compared to H1 2020 according to data from the online property site [...]

Portugal’s public debt and treasury agency, the IGCP, will be buying back bonds which mature in 2022 and 2024 and selling bonds that will be paid out from 2028, today. Moreover, it has also [...]

First it was Ryanair’s Michael O’ Leary who sharply criticised the EU’s decision to consider allowing the Portuguese State to bail out TAP with €2Bn of tax payer funding. Now the director of [...]