Interest rates on Portuguese bonds at two, five and 10 year maturities have gone up. Interest on 10 year bonds now stands at 3.002% compared to 2.946% on Thursday. Interest on five year bonds [...]
Capital gains tax on those holding securities between five and eight years will fall from 28% to 22% and will fall to 11% for those who make gains on shares and bonds they have held for more than [...]
The Mayor of Lisbon looks set to eliminate the IMT property tax for mostly first-time buyers who are under 35. Carlos Moedas will introduce the measure for properties valued up to €250,000 in [...]
State bank Caixa Geral de Depósitos posted a €692 million profit for the first nine months of the year, up 61% on the same period last year, and expects to pay out the biggest dividend to the [...]
Portugal’s Finance minister said on Thursday that interest rate hikes by the ECB to curb inflation, were “quicker and higher” than had been expected for this year, and would also affect 2023. [...]
The Governor of the Bank of Portugal, Mário Centeno has criticised the low execution rate of European ‘bazooka’ funds which he calls “dramatically low”. The former Portuguese finance minister was [...]
This year application numbers for Portugal Golden Visas from US citizens overtook applications from Chinese nationals. However, Americans are now applying for other visa regimes enabling them to [...]
Portugal’s Alentejo region is the region of Europe that has spawned the most patents for new inventions from lady entrepreneurs. A study from the European Patents Institute says that Portugal [...]
The retail sector in Portugal has been the sector which has seen more closures and less new businesses started than any other in 2022. According to the Informa D&B barometer and based on data [...]
The Organisation for Economic Cooperation and Development (OECD) has criticised Portugal in the fight against overseas corruption. It has urged the country to step up the application of [...]