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Small investors in Portugal’s national savings bonds certificates are enjoying 3% interest thanks to higher interest rates. Within the space of one year interest on savings bonds has increased [...]

Portugal’s national airline TAP will close 2022 with a profit for the first time since 2017 according to CNN and ECO online news. The good news for the airline, which has suffered nothing but bad [...]

Portuguese families will have to fork out up to €270 extra per month starting January as mortgage lenders passed on the cost of European Central Bank interest rate hikes introduced to curb [...]

The Supreme Court of Angola has ordered the seizure of US$1Bn in assets held by Africa’s richest woman, Isabel dos Santos. According to Business Insider Africa, the court order is tied to a [...]

Portugal’s Minister for Infrastructure and Housing has resigned after it was revealed that a junior minister had received a half-a-million-euro ‘golden handshake’ on her departure [...]

Real estate investment at €2.5Bn in 2022 A study by the real estate consultants Worx shows that investment in real estate in Portugal should break the €2.5Bn barrier by the end of 2022. However, [...]

Portugal’s exports of goods and services to Croatia which joins the Euro Zone from January 2023, have risen by 23% on 2020 to €57 million. However, the increase fell short of the €72 million in [...]

EDP Renováveis (EDP Renewables outside of Portugal) has sold its Indiana Crossroads Solar Park in the US State of Indiana to the Northern Indiana Public Service Company LLC for US$300. The news [...]

2022 is on target to be a record year in exports for Portugal’s clothing and textile industry. The volume of exports is expected to be a record €6Bn, well above the last record achieved in 2021 [...]

The owner of the Colombo Shopping Centre in Lisbon has issued anti-inflation cheques of €500 to 710 staff. According to Eco Online news Sierra, which owns both Colombo and NorteShopping, has [...]