Archives

Franchising continues to grow in Portugal and consolidates its position as one of the essential drivers of the national economy. In 2023, the sector accounted for 8.3% of Portugal’s Gross [...]

The latest Portuguese Housing Market Survey from RICS and Portuguese market specialists Confidencial Imobiliário (August 2024) reports that “supply continues to dwindle” in Portugal. The August [...]

The Spanish petroleum company Plenoil, the largest operator of low-cost fuels in Spain, has entered the Portuguese market with four petrol stations, all of them in the north of the country: Santa [...]

The Government is preparing to change the structure of the administration of Portugal’s development bank, Banco do Fomento, in November, according to Jornal Económico in a report today. The [...]

The Government forecasts a growth of the Portuguese economy of 1.8% this year and 2.1% in 2025, according to the macroeconomic scenario of the State Budget for 2025 (OE2025) delivered on Thursday [...]

Portugal’s State Budget for 2025 has been delivered to parliament with the government caving in to the PS opposition to some extent on a tax cut for young people to 35 and on IRC corporation tax. [...]

This year the largest wine producer on the Island of Pico in the Azores, PicoWines, celebrated its 75th anniversary. Essential Business was invited to join in the celebrations and discovered how [...]

Portuguese former celebrity banker, Sir António Horta-Osório says that the government should slash corporation tax for companies to help them become more competitive. António Horta Osório states [...]

The Portuguese State’s current account public spending has not been as high as it is now since 1992. This is despite various governments having succeeded in reducing Portugal’s overall [...]

ANA, the company that runs Portugal’s airports, will only increase airport taxes in Lisbon. It plans to increase taxes by 2.85% from next year, the equivalent to €0.45 per passenger, according to [...]