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Portugal’s seven largest banks must submit a report to the European banking supervisor containing detailed data that will enable Brussels to evaluate the risk of high interest rates on their [...]

Exports of Portuguese high technology products have attained a new record in 2022 for the past 10 years. Nevertheless, the trade balance for this type of goods has fallen to its lowest level [...]

The Portuguese insurer Fidelidade has again cornered a 30% of the local market in the first half of 2023. But overall there was a fall in growth in the market in Portugal, particularly in the [...]

The Spanish group Clece Vitam has invested €400,000 in a seniors residence in Cascais. It represents the company’s third senior residence in Portugal. The latest is in São Domingos de Rana, [...]

Investment in commercial real estate assets in Portugal grew 4% in H1 of 2023 with the hotels and retail segments leading the way with 40% and 31% respectively. Some €740 million worth of [...]

Banks in Portugal have closed 1,077 branches up and down the country over the past five years – the majority in Lisbon, Porto, Braga and Aveiro. According to a study released by the Bank of [...]

Portugal’s exports market is contracting. Exports fell 3.4% in June – the third consecutive fall over the past three months. Imports fell too by 7.6%, also for the third month running [...]

The average price of a litre of wine sold in Portugal in he first half of the year increased both in restaurants and retail outlets in the first half of 2023 by a total average of 7%. The reason [...]

OUSIA CLINIC is a bold, innovative and holistic approach to aesthetics medicine. Having opened in March, it is probably the most sophisticated and technologically advanced clinic in Portugal. [...]

Getir, the pioneering high-speed shopping delivery service, has announced that it will quit operations in Portugal, Spain, and Italy. The company, which will pull out in a phased and gradual [...]