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Despite economic indicators for the last quarter of 2022 and the first quarter of 2023 reporting a fall in investment, Portugal’s large companies are more optimistic about the rest of 2023 than [...]

In the first four months of the year investment in tourism assets stood at €20 million. Despite the year getting off to a slow start, consultants insist that overseas investors have the appetite [...]

After a sharp drop in capital raises in 2022 in Portugal and Europe, a decrease in market volatility caused by inflation and interest rate increases looks set to abate this year meaning the [...]

Kronos Homes has just completed the sale of the residential-tourist resort Amendoeira Golf Resort to the Rolear Group, after five years managing the project. With this sale, the company concludes [...]

TAP posted a loss of €57 million in Q1 after last year’s annual results saw profits of €65.6 million. In Q1 the airline, currently the subject of a parliamentary inquiry over its management, [...]

The Portuguese office paper maker Navigator enjoyed record first quarter profits of €72 million. In the first three months of 2023 Navigator turned over €500 million. The result pushed up share [...]

State-owned bank Caixa Geral de Depósitos made €285 million in profits for the first quarter of the year, almost double on the €146 million it made like-for-like in 2022. The result was driven by [...]

Around 80% in the reduction of Portugal’s deficit in 2022 was down to economic growth rather than actions by the government. Negócios reports that a reduction in interest rate costs was [...]

“We are nearing the last and final set of interest rate hikes in the coming months” predicted the Governor of the Bank of Portugal, Mário Centeno this week. However, the former Portuguese finance [...]

It is widely known that Portugal lacks own capital and relies on overseas investment to grow its companies, without which it is difficult to grow Portugal’s economy. But with 90% of companies [...]