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The maximum increase on rents that landlords can charge tenants has been set at 6.94% for 2024. This percentage has been fixed under the New Urban Rental Regime (NRAU) and the coefficient is the [...]

Portugal’s public spending watchdog Tribunal de Contas believes that the privatisation of the public company that manages Portugal’s airports, ANA – Aeroportos de Portugal, was sold below [...]

The new leader of the PS socialist party, Pedro Nuno Santos has pledged to raise the national minimum salary to €1,000 per month by 2028 if his party wins the general election on March 10. [...]

The UK current affairs magazine ‘The Economist’ has placed Portugal in 8th place out of 35 OCDE countries in terms of economic performance in its ranking. The Economist took five indicators into [...]

Portugal’s capital markets supervisor the CMVM says there is no “irregularity” in the purchase of 0.24% of Portuguese postal service CTT by State public holding Parpública. The CMVM says the [...]

Portugal’s Finance minister, Fernando Medina is to mount a special operation to bring Portugal’s public debt down to 100% of GDP before the elections. The health sector is one of the areas [...]

A journalists’ union in Portugal has asked the Portuguese State Procurator’s Office (PGR) to step in and investigate alleged illegal acts as part of an overall financial crisis engulfing one of [...]

The Portuguese State umbrella company that controls public sector companies is to put Estoril’s autodrome up for sale says online news source ECO. Parpública has wanted to sell the Estoril track [...]

Portugal has closed 2023 with a record 77 million overnight stays and €25Bn in tourism revenues. Writes Expresso, growth in overnight stays was up 10% and revenues up 37% on 2019, with a [...]

Almost one in five local authorities or 194 councils will reduce their property tax in 2024 according to Jornal de Negócios. In practice, it means that more councils will opt to make a minimum [...]