News

The US equity fund Lone Star is anxious to resolve the sale or floatation of Novobanco as quickly as possible and is negotiating its possible sale as well as proceeding with preparations for a [...]

Two-thousand startups have applied for the third tranche of Startup Portugal’s ‘Voucher for Startups’ programme worth €30 million and financed from the Recovery and Resilience Plan (RRP) from a [...]

Portugal’s energy giant EDP has sold the 20% it still held in a coal-fired power station in Pécem, in the State of Ceará, Brazil to Diamante Geração de Energia for €31.15 million. It means that [...]

The Dean of the University of Coimbra says that an important chunk of EU money in Portugal’s Recovery and Resilience Fund is being “spent and not invested”. “Portugal should use the funding from [...]

The sacred leaf that transformed global trade and Portuguese society is celebrated worldwide — and it continues to stimulate the communities of Lisbon and beyond discovers freelance journalist [...]

Planning applications for new build construction works suffered a slight downward trend between 2011 and 2023, creating asymmetrical pressure on the coast and metropolitan areas, according to a [...]

Portugal’s revamped Non-Habitual Residents (NHR) regime has posted a record in tax expenditure, representing more than 66% of IRS tax benefits. The transitional regime led to a rush of [...]

Portugal’s main banks CGD, BCP, Novobanco, Santander, BPI and Banco Montepio posted combined net profits of €1.2Bn in the first quarter of 2025. The result was in line with the profits they made [...]

The Dutch group Conclusion, which bought Novabase’s recruitment business for €51 million, is back with a shopping list in Portugal. The companies services supply company held by private equity [...]

Portugal’s Finances minister, Joaquim Miranda Sarmento has expressed reservations over a possible acquisition bid for Novobanco from Spain’s Caixabank. The minister does not believe it would be a [...]