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Lisbon Mayor Carlos Moedas admitted on Tuesday that the political crisis currently engulfing the government could undermine investor confidence in Portugal. “What we’re going through will affect [...]

Portuguese scientists are leading the way in Europe in oceans innovation and research but the EU needs to create a European Oceans Agency to coordinate and capitalise on the economic [...]

Modernisation works at the shipping containers terminal at Alcântara have entered a second phase. The project involves building a new maintenance and support building, repaving and reflooring the [...]

Profits at the Portuguese paper and paper paste company Altri tumbled 34.3% to €19.6 million and revenues fell 9.9% to €224.7 million for the first quarter of 2023. The company which is led by [...]

The Portuguese Government hopes to start the ball rolling for the sale of national airline TAP before the end of the summer. The Council of Ministers have given a mandate to Parpública – [...]

A law introduced by the Portuguese Government to eliminate VAT on a typical shopping basket of essential goods comes into force tomorrow. (Tuesday, April 18) The law, confirmed in the Portuguese [...]

The British School Lisbon (BSL) was recognised by the British Embassy in Lisbon as one of the companies that has most invested in Portugal. The school received the UK-Portugal Business Award due [...]

The extraordinary surcharge on Portugal’s property tax AIMI ( Additional Municipal Property Tax) brought municipal councils in around €144 million in 2021. The tax covered the greatest number of [...]

Portugal’s electricity regulator ERSE has fine the Spanish multinational electric utility company Endesa, which has a considerable presence in Portugal, €180,000 for 92 infractions. The ERSE had [...]

Analysts at bank BPI says that despite the Portuguese housing market showing a high level of resilience, there may be a housing market price correction of 1.5% in 2023. For 2022 overall, BPI [...]