Archives

The former Portuguese Minister of Finance, Fernando Teixeira dos Santos has defended ex-Governor of the Bank of Portugal, Carlos Costa over details in an explosive memoir about his 10 years [...]

The Portuguese government is to move ahead with its plans to tax excessive profits in energy and food distribution sectors. The government says the new tax will be introduced to “offset the [...]

A university professor’s study has revealed that under half of the Portuguese (43%) are saving for their retirement. And in the study by Professor Fernando Alexandre, a significant part of the [...]

The ex-finance minister, Maria Luís Albuquerque has been appointed to the European subsidiary of Morgan Stanley. The economist made the announcement via LinkedIn that she had joined the [...]

The Portuguese government is to make €50 million available to buy and then lease-back properties belonging to companies in the tourism and industrial sectors. The aim of the scheme is to free up [...]

Portugal’s Prime Minister António Costa and a former governor of the Bank of Portugal have exchanged legal threats over the postponed publication of a tell-all book. António Costa has labelled [...]

Lisbon City Council’s Municipal Budget 2023 will see revenues of €1.305Bn, but expenditure of the same magnitude. The budget document also foresees €455 million in investment in a series of [...]

Investment in commercial real estate soared in the 3rd quarter throughout to €1.1Bn, bringing the running total so far this year to €1.9Bn. The accumulated total is 43% above that registered for [...]

The US Department of Transport (DOT) has ordered Portugal’s airline TAP and other companies to shell out €122 million in refunds and pay fines for “cancelled or significantly changed flights”, [...]

Investment in urban rehabilitation through the IFRRU 2020 in October stood at €1.4Bn. The information was announced by the Ministry of Infrastructures and Housing, which stated that of the 430 [...]