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Portugal’s fast-growing Fintech ecosystem attracted €65 million in nine rounds of financing in 2022. This is according to the seventh edition of the Portugal Fintech Report that says one-third of [...]

Coloplast, a Danish multinational which develops products and services related to intimate health, is to invest around €100 million in a factory in Portugal to support the company’s continued [...]

The rules and regulations governing tenders for the privatisation of Portuguese State airline TAP could be postponed until the spring of next year due to the current political turmoil in Portugal [...]

The Governor of the Bank of Portugal, Mário Centeno, was to have been proposed to lead the ruling PS party caretaker government until the general election on 10 March. Now, current Prime [...]

Portugal’s municipal property tax IMI is to increase by 6.75% next year on apartment buildings that are subject to Tax on Patrimony (Valor Patrimonial Tributário – VPT) charged by the tax [...]

The CEOs of Portugal’s main banks have called for “common sense” and “celerity” in resolving Portugal’s political crisis that has seen the resignation of Prime Minister António Costa and the [...]

Text and Photo: Chris Graeme The Governor of the Bank of Portugal, Mário Centeno, has called for prudence when managing a “unique phase” in Portugal’s banking sector. Portugal’s banks enjoyed a [...]

The German renewable energy company RWE has launched its first large scale solar park at Morgavel near Sines. It has a 46 MW capacity and covers a 112 hectare area on which 91,000 two-sided solar [...]

Clothing retail sales in Portugal increased 23.2% to €3,850 million in 2022 according to data published on Tuesday by Informa D&B. According to the consultancy, the Portuguese market posted [...]

Portuguese high-street bank BCP has fixed the monthly interest repayments on around 300 mortgages. The decision was made on the back of a government measure that aims to protect families from [...]