This year has seen rough seas so far for Europe’s container shipping sector with 11% or a total 302 shippings cancelled in May on all the main line trades according to maritime intelligence [...]
Around 43% of restaurants and bars and 17% of local accommodation guest houses are considering filing for bankruptcy. These were the latest sobering figures from the monthly survey carried out by [...]
Portuguese electricity giant EDP’s second largest shareholder, Spain’s Oppidum Capital has invested around €70 million in the power producer’s latest capital call. Oppidum Capital now holds 7.19% [...]
A Palmela muscat winery’s 10-year reserve has been awarded a gold medal as one of the 10 Best Muscats in the World in the competition Muscats du Monde. The Adega de Palmela Portuguese muscat [...]
Millennium bcp account holders who have €10,000 or more in their accounts will now have to pay an account maintenance charge. According to the bank’s website, Millennium bcp, managed by [...]
Portugal is said to be holding talks with the British Government again in a bid to get quarantine measures scrapped for holidaymakers returning from Portugal to the UK. At present everyone [...]
The Portuguese parliament has approved on 23 rd July the amendments to the Law of Nationality – Law 37/81 of 3 rd October. These amendments simplify the process for obtaining Portuguese [...]
The new Neya Porto Hotel opened its doors today (Monday 3 August) after an investment of €18 million including €6 million investment from the EU’s Portugal 2020 fund. The project transformed part [...]
Rents on homes and commercial properties may remain frozen through 2021 ending five years of consecutive increases. With strong downward pressure on prices felt over the past five months because [...]
The Portuguese Enterprise Association (AEP) says that the abrupt fall in economic activity in the first half of 2020 – never before seen in living memory – resulting in a 16.5% [...]
