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Portugal’s national statistics institute INE has confirmed that inflation has hit 8.7% in June, the highest level since 1992. It represented a 0.7% increase on May. The data published on Tuesday [...]

The President of the Council of Public Finances, Nazaré da Costa Cabral has suggested the National Health System (SNS) could be financed by an Ireland-style ‘social insurance’ scheme. It would [...]

The CEO of Portugal’s national carrier TAP said yesterday that flight cancellations at Portugal’s five main airports had already “peaked”. Christine Ourmières-Widener put the issue down to a [...]

The IPBN Dublin Members meet Members Conference in June was full of energy, business diversity, and general enthusiasm. Text: Ellis Dixon (IPBN) It was the first time in over two years that the [...]

The Dutch-Portuguese Chamber of Commerce celebrated its 35th anniversary at the Palácio Seixas in Cascais with a black-tie dinner on 22 June. The chairman, Nuno Pinto de Magalhães welcomed the [...]

The Portuguese group DST, which is currently negotiating with the government to buy the engineering company Efacec, has ruled out any intention of investing in the company’s projects through an [...]

Galp’s refining margin has shot up from US$6.9 to US$22.3 a barrel in the second quarter of 2022. This was despite the energy company producing less petrol according to the company which posted [...]

The Portuguese association which represents hotels, guest houses and restaurants fears there will be a rash of cancellations because of the chaos at Portugal’s Lisbon and other European airports. [...]

Miguel Martins, the executive director of concessionaire Ascendi is to succeed Cristina Casalinho to run Portugal’s debt, treasury and sovereign bond agency IGCP. Martins has left Ascendi – [...]

Portugal’s public spending watchdog Tribunal de Contas has concluded that a bank that has received around €11Bn to detoxify its balance sheets and keep it afloat since 2014, did not act in the [...]