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Portugal’s largest cork producer, Corticeira Amorim posted profits of €98.4 million euros, a growth of 31.6% on the previous year. However, the profits were negatively impacted by a €11.4 tax [...]

The Portuguese government has announced through its Ministry of Housing that existing rental contracts will remain outside the current rental regime — indefinitely – in order to protect [...]

Some 14% of all mortgages in Portugal were awarded to overseas citizens with Brazilians the top buyers according to data revealed by the Bank of Portugal. It represents an increase on 2021 when [...]

The Chairman of Portugal’s Industrial Confederation (CIP), António Saraiva will be the guest speaker on March 2 at a breakfast organised by the French-Portuguese Chamber of Commerce (CCILF) [...]

Current privatisation proposals for state-owned electrical and transportations systems company Efacec could refund some of the public monies injected into the company since it was renationalised. [...]

A controversial government plan to force the owners of empty properties to rent them out in a bid to solve Portugal’s chronic housing shortage could be ruled unconstitutional. The State says it [...]

The CEO of TAP, Christine Ourmières-Widener says she is confident that the airline’s privatisation process will “safeguard all of the country’s interests”. The airline executive charged with [...]

The Portuguese Government has announced that it will increase the payment of investments from Portugal’s Recovery and Resilience Programme by 10 percentage points to 23% to “boost” the execution [...]

Portugal’s Finance Minister Fernando Medina has flatly denied that he has been made a legal suspect by Portugal’s Public Ministry or is being investigated on suspicions, voiced by CNN, of a [...]

Just like every other country, Portugal has suffered from rising inflation, affecting not only average citizens, but almost every business as well. But even though times are tough, it doesn’t [...]