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The fallout from various bailouts by the Portuguese government to the country’s banking sector since 2007 is still weighing on Portugal’s public accounts, both in terms of budget balance and [...]

Developers involved in the MadoquaPower2X project to create green ammonia at Sines are looking at the first phase of the production to begin in 2028. With an investment of around €1Bn, it is [...]

Farfetch, the former Portuguese online luxury retail unicorn bought out by South Korea’s Coupang, is to wind up its operations centre in Matosinhos at the end of this month. The company had [...]

The first alternative investment fund in Portugal to trade in crypto assets has been given the green light by the Portuguese securities commission CMVM. The 3 Comma Capital (3CC) Global Crypto [...]

Dozens of crimes relating to the collapse of the Banco Espírito Santo banking empire in 2014 may never be brought to final justice because of Portugal’s statute of limitations, meaning the time [...]

Portugal’s private postal company CTT saw profits plummet 53.9% to €7.4 million between January and March this year. According to the company on Thursday, the fall was down to falls in its [...]

The Portuguese government will not totally abandon the ‘More Housing’ package policy announced by the previous PS Socialist Party government in February, 2023 but will keep some aspects and [...]

Portugal’s current minister of Finances, Joaquim Miranda Sarmento, is in a lock-of-horns with former PS Socialist Party minister of Finances, Fernando Medina, over the state of Portugal’s public [...]

It started with a military coup in the early hours of April 25, 1974, promoted by mid-ranking officers or captains. The coup’s two initial goals: to end the colonial wars which had exhausted [...]

The Portuguese private health care group CUF has posted results of €39.8 million for 2023 – an increase of 9.5% on the €33.7 million registered in 2022. The positive performance of [...]