Following the example of Moody’s, the ratings agency Standard & Poor’s has improved the risk level of Portuguese airline TAP from B+ to BB- with “stable outlook”. It says it expects more [...]
Ryanair says that it will divest in Portugal, particularly in terms of flight numbers in Madeira, Faro and Porto, following what it says is an excessive increase in airport taxes planned for [...]
The Portuguese Finance minister Fernando Medina said yesterday that Portugal had the conditions to continue to reduce external debt over the next few years despite the rate of inflation slowing. [...]
The US economist Paul Krugman called Portugal “a kind of economic miracle” yesterday in an interview with the Portuguese business daily Negócios. Krugman was the keynote speaker at an event to [...]
In the third quarter of 2023 overseas investors invested over €1.1Bn in Portugal’s real estate sector according to data from the Bank of Portugal . And in the first nine months of the year [...]
Spanish companies are heading the list of those interested in bidding in Portugal’s eolic offshore wind power auction. Companies from other countries including the US, Japan, China, Canada, and [...]
Europe’s largest data centre project at Sines in Portugal, which is at the centre of a political scandal that resulted in the resignation of the prime minister, is three years behind schedule. [...]
It was a move that had no been expected because of the current political instability and a slowdown in Portugal’s exports, but the US ratings agency Moody’s has increased Portugal’s rating to ‘A [...]
The director of Start Up Portugal has called on the government not to scrap the favourable NHR tax regime for some cases of overseas investors and relocators, as well as calling for investment [...]
Portugal’s central bank governor Mário Centeno says he won’t step down from his position at the financial supervisor despite some pressure to do so, and says he may even stand for a second term. [...]