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Portugal’s petroleum and gas company Galp says it has ambitions to be a leader in green hydrogen by 2030. The statement was made at the Electric Summit in Lisbon on 8 June by the company’s CEO, [...]

Portugal’s Novobanco has already selected the potential buyers for its HQ building on Lisbon’s Avenida da Liberdade. The shortlist of potential buyers for the emblematic bank which served as the [...]

Ukraine’s ambassador to Portugal Inna Ohnivets has been recalled to Kiev only days after making an impassioned appeal to business leaders to “help rebuild Ukraine” and defiantly stated that her [...]

Portugal’s airline TAP is back to 2019 levels in terms of flight operations but is facing a summer of discontent as pilot unions threaten strikes. Unions representing the airline’s pilots are [...]

European central bank leaders have warned that governments in the EU must stick to a policy of strict controls on wage increases in order to prevent inflation. The ECB Forum, an annual meeting of [...]

Portugal’s energy giant EDP is to invest €1.5Bn in offshore wind energy. It will do this through Ocean Winds to provide up to 17 GW of reenable capacity in the ocean. According to the news agency [...]

The Portuguese group CVM, Construções Vila Maior, is to invest €140 million to 2024 in 15 residential housing buildings. The project will create 825 homes, of which 425 are currently being built, [...]

The Minister of Internal Administration, José Luís Carneiro, has threatened to resign if there is further chaos at Lisbon’s Humberto Delgado International Airport. In an interview with Público, [...]

Economists expect that the government will make a budget surplus for the first quarter of the year. This is because of improved economic activity and a reduction in expenses from the pandemic. [...]

The Portuguese tax authorities have taken 20,000 debtors off its black list over the past two years, but nevertheless, the government is still owed a staggering €3.3Bn in unpaid taxes. The list [...]