Portugal’s power grid network management company REN has partially lifted a suspension on electricity imports from neighboring Spain, known to be the origin if the not the root cause of a [...]
Hotel and tourism bosses remain confident that US holiday-makers will continue to visit Portugal despite the volatility and uncertainty caused by US tariffs threatening to hit the pockets of US [...]
The volatility in the market caused by US tariffs at the start of April has not dissuaded Novobanco shareholders and directors from pressing ahead with a planned Initial Public Offering (IPO) for [...]
Novobanco is to reduce its capital by €1.1Bn and will pay it out as dividends to its shareholders that will receive €2.2 per share with the main shareholder Lone Star (75%) netting €825 million. [...]
The gulf between Portugal’s two main political forces has never been so wide according to a latest poll from Pitagórica for Jornal de Notícias/TSF and TVI/CNN. It shows that the Aliança [...]
Economic growth in Portugal slowed to 1.6% in the first quarter compared to the same period in 2024 according to statistics published by the country’s National Statistics Institute (INE) [...]
Portugal’s public debt reached its highest level since September, 2023 in March to €278.2Bn or 96.3% of GDP after a 0.4% monthly increase which meant 1Bn more on February. In like-for-like terms, [...]
Portugal’s Industrial Production suffered a fall of 5.5% after having seen a 1.5% increase in February according to data released by the National Statistics Institute (INE). Excluding the energy [...]
AstraZeneca, one of the largest pharmaceutical companies in the world with operations in Portugal since 1999, is to invest €600 million in a new competencies hub in Lisbon. The new hub, located [...]
Text: Chris Graeme Photo: Fernando Bento (ICPT) Low productivity is one of the main stumbling blocks to economic growth in Portugal according to Portugal’s Minister of Finances, Joaquim Miranda [...]
