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All applications for Portugal’s Golden Visa from 16 February this year are to be frozen and any new applications will not be accepted. The decision was taken to avoid a sudden rush to get [...]

The Portuguese State is likely to retain a minority shareholding in the airline TAP as it goes on the market at some time this year. The Government is currently preparing a Decree-law for its [...]

Four of Portugal’s high street banks raked in profits of €2Bn in 2022, expected to be close to €3Bn with interest. Caixa Geral de Depósitos posted end-of-year profits of €2Bn or €5.5 million per [...]

Portugal’s economy has been remarkably resilient despite adverse headwinds, but improving competitiveness, productivity and investment attraction must be the top priorities for economic leaders [...]

TAP is in negotiation with Airbus in order to bring the costs down from the 53 new aircraft negotiated by ex-shareholder David Neeleman putting a €444 million dent in the airline’s finances. [...]

In 2022, Portugal’s footwear and leather goods cluster exported €2.347Bn, a new all-time high. When compared to the prior year, exports grew by 22,2%. All segments of the sector registered [...]

The Garland Group, one of the national leaders in the area of logistics, transport and navigation, increased its logistics facilities by 61% in 2022 to meet the boom in e-commerce and the [...]

Portugal’s hotel sector, which was blamed for tens of thousands of staff leaving it during the Covid-19 pandemic because it paid notoriously bad salaries, increased them by between 15-20% in 2022 [...]

EDP and EDPR in capital call for EDP Brazil Public Acquisition Offer as chairman unveils €25Bn investment plan in London The intended capital raise at EDP and EDPR is to support the company’s [...]

Portugal’s network of companies has surprised European and international partners, not just because of the quality, diversity and innovation of its products, but also because 50% of Portugal’s [...]