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Portugal’s public deficit continued to fall in 2021 compared to the same period in 2020. Public administration recorded a deficit of €6.652Bn to November 2021. This was an improvement of €2.2Bn [...]

The majority of Portuguese companies expect to increase their investment and apply for European funding in 2022. According to the FI Group, 97% of companies intend to make investments next year, [...]

After a period of seven years offloading non-performing loan portfolios from its balance sheets, and a major restructuring plan, Portugal’s Novobanco has hinted at the content of its Strategy [...]

Virtually all of Portugal’s unicorns are now based overseas, mostly in the United States. Only one, Feedzai (high-tech fraud detection), is based in Portugal. Six unicorns (meaning companies that [...]

The Iberian industrial chemicals firm Bondalti – a José de Mello Group company — will begin investing in lithium refining in 2022 after having signed a 18-month agreement with the [...]

While attracting over €6Bn in overseas investment, mostly through property transactions, Portugal’s Golden Visa programme has done little to generate direct employment as a result of either [...]

Padel is a big deal in Portugal these days. Gone are the sneers and derision that it’s for players who can’t master tennis. With 250 clubs and 140,000 players up and down the country, Essential [...]

The Champalimaud and Calouste Gulbenkian Foundations are to set up a €300 million Ocean Campus Technology Campus Hub through concession contracts with the Port of Lisbon. The initial upfront [...]

The liquidation of a real estate fund which was set up to finance a massive real estate development in Porto from the failed Grupo Espírito Santo has netted a further €8.5 million for a principal [...]

Portugal’s largest motorway toll concession company, Brisa (BCR), has issued €75 million in corporate commercial bonds with a maturity date for January 2026. The company informed the Portuguese [...]