General strike sees cancellation of 400 flights
Thursday’s General Strike in Portugal resulted in the cancellation of 400 flights with airlines operating skeleton services with the exception of the low-cost airlines Ryanair and easyJet. [...]
Two Portuguese companies in NATO startup accelerator
Two Portuguese tech companies, Neuraspace and Connect Robotics, have been selected to join the Innovation Accelerator in Defence of the North Atlantic (DIANA), receiving investment and support [...]
TotalEnergies acquires 40% stake in Galp’s Mopane operation in Namibia
France’s TotalEnergies has acquired a 40% stake in Portugal’s energy giant Galp’s operations at the Mopane oil fields off the coast of Namibia. The company has a formed a partnership whereby [...]
Just how effective was Portugal’s General Strike?
Portugal’s General Strike on Thursday looked like a damp squib if the government’s opinion is anything to go by. The Minister of the Presidency, Antonio Leitão Amaro said on Friday that the [...]
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The Future of Portugal – challenges, opportunities, labour laws and the General Strike
Against the background of a looming General Strike, the Liberal Initiative (IL) party candidate for Portugal’s January presidential elections addressed the International Club of Portugal on [...]
European Commission gives green light for Novobanco sale to BPCE but case over €5Bn lost transfer continues
The European Commission approved the sale of Portugal’s Novobanco to the French banking group BPCE, the second largest banking group in France which will now be the sole shareholder of Portugal’s [...]
Revenues from taxes in Portugal fall to 35.1% of GDP in 2024
Revenues obtained by the Portuguese State from taxes in 2024 corresponding to 35.1% of the wealth produced in Portugal that year, revealing a fall in the share of taxes to GDP for the second year [...]
TAP voted the Leading World Airline flying to South America and Africa
The World Travel Awards have voted Portugal’s national carrier TAP as the Leading World Airline flying to South America and Africa for its “dedication to building strong links with South America [...]
TAP crew members advance with 44 lawsuits against the airline over salary disputes
Portugal’s National Union for Civil Aviation Flight Personnel (SNPAVC) has handed 44 lawsuits on behalf of cabin crew to a court to claw back payments of up to €300 million in owed salaries. [...]
The Economist elects Portugal ‘The Economy of the Year’
The UK magazine The Economist has distinguished Portugal as the ‘Economy of the Year’ in 2025. It was chosen after an in-depth a analysis of five fundamental indicators – inflation, [...]
