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Retaining current levels of public service spending in Portugal will require citizens in the long term to pay 25% more taxes and retire later. This is because people are living longer according [...]

The Prime Minister announced on Tuesday that the government will approve a law that will define the criteria for the privatisation of TAP next week at the next Council of Ministers meeting on [...]

Portugal’s Business Confederation (CIP) is prepared to negotiate a Social Pact with unions that could include an increase in salaries of 4.8% for employees. The president of CIP, Armindo Monteiro [...]

Portugal’s oil and gas giant Galp is to invest €128 million on keeping its refinery at Sines in tip-top operational condition. Part of the industrial unit that houses the sole refinery left in [...]

The Vila Foz Hotel & Spa is a romantic and lovingly restored timepiece from a gilded age whose maritime tasting Michelin menus by Chef Arnaldo Azevedo are a delight. Essential Business [...]

Passengers to pay an extra €1.80 at Lisbon airport from January 1 ANA – Aeroportos de Portugal, the company that manages the countries seven main airports, says it needs to put up the [...]

Sales of Chinese cars and other vehicles are not making significant inroads in the Portuguese market with just a 2.5% market share according to the ACAP. Nevertheless, the Secretary-General of [...]

The decision by the European Central Bank to hike interest rates by quarter of a percent last week has put pressure on the yields bond investors expect back from the Portuguese State, The [...]

The President of the Portuguese Hotel Association (AHP) says that the ECB’s decision to put up interest rates will have effects on Portugal’s tourism industry. In an interview with Antena 1 and [...]

Portugal’s footwear industry had a tough year to July suffering a fall in orders for the export market of 9% while losing 1% in value. This is according to the news agency Lusa that sounded out [...]