News

Ryanair will slash all six of its routes to and from the Azores from the end of March next year, which will affect about 400,000 fliers per year. This will represent a cut of around 22% in [...]

Portugal’s stock market closed 2025 with the biggest gains since 2009 – a performance that positively reflected on the patrimony of the largest fortunes listed on the stock market whose [...]

Company bosses will have to fork out an extra €866 per annum for each employee because the minimum wage has gone up from €870 to €920 per month starting from January 1. The wage increase adds an [...]

Portugal’s State Budget for 2026 will introduce a number of changes in taxes approved by parliament and coming into force from January, 2026. First off, IRC tax has fallen by 1% to 19%. It had [...]

Although the exposure of Portuguese companies to the situation in Venezuela is “slight”, in the past Venezuela had been a good market for Portuguese companies and those companies set up in the [...]

Portugal’s tourism sector could exceed the €30Bn in revenues from tourism for the first time for 2025. Despite final statistics not being made available until the end of this month, the Secretary [...]

The price of houses in Portugal rose 6.8% in December compared to the same month in 2024 according to the Idealista Price Index. Buying a house cost €3,019 per square metre on average that month [...]

The BBC has recommended visiting the Portuguese medieval city of Guimarães in 2026 calling it “one of the most compelling surprises in Europe”. “Just 65km inland from Porto, Guimarães is [...]

Portuguese tannery exports grew by 5.8% year-on-year up to September 2025, reflecting the recovery in external demand and the ongoing efforts of the sector to modernise production. Portuguese [...]

A former PSD prime minister and president of Portugal, Ánibal Cavaco Silva, says Portugal should not be giving priority to attracting high amounts of community funds. On the 40th anniversary of [...]