A Portuguese startup which provides hotel guests with tips and advice on how to make the best of their stay in Portugal and overseas was the winner in the Startup category for this year’s [...]
Portugal’s tourism industry is one of the hardest hit sectors in the country as a result of Covid-19 with 74% of companies closed. According to the latest data from AHRESP 30% of these companies [...]
Around 32,000 companies and over half a million staff are in layoff according to the latest figures from the Ministry of Employment, Welfare and Social Security. By the weekend 31,914 companies [...]
The president of the EU’s Eurogroup and Portuguese finance minister Mário Centeno has called on a debate over the issuing of controversial ‘coronabonds’ to be shelved until after the crisis. In [...]
Portuguese investors who had been planning to pursue big ticket projects both at home and overseas are, on average, more worried about the spectre of a major global recession than other [...]
Property consultants JLL Portugal says that house sales have been continuing through March and beyond despite the Covid-19 pandemic and State of Emergency. Since 13 March it has completed 10 new [...]
The Portuguese government has suspended rent payments during the pandemic. The measures proposed by the Government were passed by parliament on Thursday and will stay in force during the state of [...]
Portugal’s national carrier took the decision to lay off 90% of its workforce for at least the next 30 days. The measure, which may or may not be renewed depending on the situation regarding the [...]
Portugal’s President Marcelo Rebelo de Sousa says that the economic and social effects of the Covid-19 pandemic will be tough and long-lasting. In an address to the nation on Thursday, in which [...]
The Portuguese stock market regulator CMVM has admitted that it will put a stop to short selling on the Lisbon stock market as shares take a tumble because of the coronavirus pandemic. There are [...]
