The Minister of State and Finances has signed a €5.9Bn package to mitigate unemployment risks. SURE – Temporary Support to Mitigate Unemployment Risks in an Emergency, an EU temporary aid [...]
United States fresh investment in Portugal from 39 companies stood at €1Bn from 2014 to 2019, creating 6,806 jobs in mostly new projects. US investment exceeded US$1.1Bn (€991 million) and [...]
Altice Portugal is looking into stepping down its investments in Portugal if the market regulator Anacom insists on “unfair” rules governing the new 5G auction. It would mean that [...]
By Michael Bruxo [email protected] Novo Banco is seeking planning permission to develop a €250 million residential and tourism project by Portimão Marina in the Algarve. The [...]
Vanguard Properties won 4 awards at the annual “Portuguese Property Awards 2020” for its projects White Shell and Castilho 203, winning in all the categories it entered. Castilho 203 won the [...]
Portugal will fully draw on €15.3Bn in EU subsidies earmarked for the country. However, its Prime Minister António Costa said it would not, for the time being, use up other funds in the form of [...]
Finangeste, the debt and real estate recovery and asset management company says it aims to invest €500 million in Portugal. The company specialising in buying up very distressed assets and [...]
Portugal’s new State-owned investment bank aimed at helping startups and SMEs which essentially are profitable but lack capital investment to grow, must run at a profit. The European Commission [...]
Portugal’s real estate investment market remained strong throughout the first half of 2020 according to consultants CBRE. This was despite the obvious impact of Covid-19 but, taking into [...]
The Portuguese Government’s new development bank will become a reality within 40 days. According to the Government, it has approved the final version of what it is calling the Banco de Formento [...]
