Despite record debt levels among the Portuguese public and companies, investments in government bonds rose again in October by €88 million. It was the ninth month on-the-trot that bond [...]

The Portugal Fintech Report 2020 indicates that despite the pandemic Fintechs in Portugal are continuing to attract a growing number of investors and are consolidating sales. Fintechs, technology [...]

Portugal’s finance minister, João Leão will present the European Commission with one of the lowest budgets in the EU for 2021 in terms of deficit. The Government is meeting with the other [...]

Both the US and EU have made unprecedented monetary and fiscal mechanisms available to cope with the shutdown of their economies between March to May and beyond. This cash will help stimulate the [...]

The US vulture fund Lone Star, which has a controlling interest in Portugal’s Novo Banco, is to make changes to the bank’s management structure. On Thursday next week, the [...]

Economy minister Pedro Siza Vieira has admitted that original forecasts for Portugal’s post-pandemic recovery were too optimistic. They will need to be ‘revised’ when the 2021 State Budget is [...]

The President of the Portuguese markets regulator CMVM, Gabriela Figueiredo Dias, has warned this week that the shock to the economy from Covid-19 will get worse in Portugal causing more private [...]

Thousands of British citizens whose registered address is in Portugal and who do not have a second home in the United Kingdom risk losing their bank accounts by the end of the year. Lloyds, [...]

Portugal’s economy is recovering “faster than expected” according to the new finance minister João Leão in an interview with Bloomberg. The minister said that the European economy was “severely” [...]

BES ‘Cooked the books’ The final report of an audit by Deloitte on the financial state of Novo Banco has placed the blame for the ruinous state of the bank’s finances squarely at the door of the [...]