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Prices in Portugal’s residential housing market could take a tumble according to a warning from the Governor of the Bank of Portugal, Mário Centeno, on Friday. The difficult context in which a [...]

“We will never surrender!”   THE AMBASSADOR TO UKRAINE, INNA OHNIVETS SPEAKS OF THE TERRIBLE COSTS TO HER COUNTRY OF RUSSIA’S INVASION AT A BRITISH-PORTUGUESE CHAMBER OF COMMERCE [...]

The Portuguese Parliament has rejected ending Portugal’s hugely successful ARI – Authorisation for Residency for Investment scheme which has attracted around €6Bn to the country since its [...]

The construction company Mota-Engil has netted a €500 million contract for a project that includes the construction, operation and maintenance of 55 km of road in the city of Nayrit. The news was [...]

Portugal’s CTT is to create a property management vehicle worth €110 million. The move has been expected by analysts and Caixabank/BPI which believe that it could bring dividends to the 100% [...]

Government measures currently being employed to offset the effects of Covid-19, and the inflationary effects of the war in Ukraine, have added an extra €1.4Bn onto the total public budget deficit [...]

Unions representing pilots at Portugal’s national airline carrier TAP Portugal are threatening to strike over a series of pay cuts which the airline says it vital for its survival and viability. [...]

Portugal has been enjoying a sudden heavy influx of tourists after two years of pandemic in 2020 and 2021 curtailed travel with restrictions and constraints. The Bank of Portugal stated on 20 [...]

Around 1,300 new millionaires moved to or are expected to move to Portugal this year. This is according to the ranking Henley & Partners ‘Henley Global Citizens Report 2022’ which also [...]

The Portuguese housing market is showing signs of slowing because of a lack of offer for sale. At the end of April there were 135,000 properties for sale compared to 150,000 at the end of last [...]