The international investment firm KKR is to resell a €700 million tranche from a portfolio of Non-Performing Loans (NPLs) known as ‘Project Nata’ that it purchased in 2018 from Novobanco for [...]
The failure of one of Portugal’s most important construction companies, Soares da Costa, which left a trail of debts of €526 million, was a case of “culpable Insolvency” according to [...]
Exports of car components fell 3.7% to July this year according to data released by the Portuguese Association of Automobile Industry Manufacturers – AFIA. “With regard to accumulated [...]
The Government has forecast real growth of 2% between 2024 and 2025, as well as an increase of 4% to 4.5% in tax revenue and 8% in primary expenditure this year. According to SIC Notícias, the [...]
Portuguese who want to visit the United Kingdom will need an Electronic Travel Authorisation, a document that will become mandatory for Europeans from April 2025, the British Government announced [...]
An independent jury examining competitive tenders for works to do the first stretch of the Porto-Lisbon high speed rail link has recommended that the Sino-Portuguese construction company [...]
This year marks 10 years since the collapse of the Banco Espírito Santo banking empire. David Sampson reflects on what went wrong with Portugal’s once most respected banking group. In 2006, [...]
Digital bank Revolut will no longer offer a free plan to business customers, while paid plans will be significantly more expensive from October 21, with increases of up to 58%, the digital [...]
Portuguese exports of goods and imports rose 23.5% and 15.5%, respectively, in July, compared to the same month last year, according to data released this Monday by the National Institute of [...]
US oil company Exxon Mobil has pulled out of the race to buy a 40% share of the 80% that Portuguese energy company Galp holds in a crude oil exploration project off the coast of Namibia at the [...]
