Portuguese debt shines among the safest in Europe
S&P's rating upgrade to its highest level in 16 years and the 10-year debt spread at its lowest since 2008 reinforce Portugal as a safe bet in the Eurozone.
Amália project does not envisage a chatbot-type application
The public release of the Portuguese AI model Amália does not envisage an application that would "compete with commercially available generalist chatbots", says the project coordinator.
Textile industry hopes to amend trade agreement with the US
New tariffs come into effect today. Despite feeling ‘lost’, the sector hopes to be able to amend the agreement with the US to lower tariffs on products that will pay customs duties above 15%.
Portuguese aircraft factory already in licensing phase
The Ponte de Sor City Council has already received the licence application for the factory where the Portuguese light aircraft will be produced. It is expected to create between 150 and 300 jobs.
House rents rise 2.25% in 2026
The inflation rate used as the basis for updating house rents stood at 2.25% in August, according to the flash estimate released on Friday by INE.
TAP results contrast with the sector’s strong performance
TAP was the only airline in Europe to record a drop in revenue in the first half of the year and to end June with losses.
Meo revenues rise 3.5% to €1.4 billion in the first half
EBITDA stood at €488 million, following a 3.4% decline, according to the financial report released on Thursday.
Special The AI expert who flew Portuguese drones to unicorn status
From Técnico to the skies of Ukraine, Ricardo Mendes piloted Tekever to a value of over a billion. The scientist/AI manager says, however, that the journey is still in its early stages.
TAP makes profit of €37.5M in Q2 but loss of €70.7M in H1
The first half losses compare with a profit of €400,000 in the same period in 2024, while the Q2 profit shows an improvement on the negative €108.2 million in the first three months of the year.
Trump excluded António Costa from meeting on Ukraine
The US president only invited the president of the European Commission, but "the treaties" dictate that the president of the European Council should also have been present, according to EU sources.
CTT invests in Braga-based technology company Agentifai
The company led by João Bento participated in the financing round of Agentifai, which specialises in customer support technology, through the group's innovation fund.
Fire management spending 25% below forecast – report
In the 2020-2024 period, expenditure totalled €2.427 billion, 25% lower (-€808 million) than forecast (€3.235 billion) in the planning instruments.
15 countries are behind Portugal in complying with the RRP
So far, Portugal has achieved 40% of the targets it set itself under the PRR, which is in line with the European average. 15 countries have achieved a lower percentage of their targets.
Foreign direct investment falls by €400 million until June
Figures released on Tuesday by the Bank of Portugal reveal that the contraction compares with the positive result of €3.5 billion recorded in the same period last year.
Bank valuations of housing rose by 18.7% in July
In July, the median bank valuation for housing reached a new high, totalling €1,945 per square metre, a record year-on-year increase in over a decade.
Government misses deadline to appoint AI regulator
EU countries had until 2 August to appoint a regulator for AI, but neither the Govt. nor the European Commission has revealed who the chosen entity is in Portugal, or whether one has even been chosen.
44,000 students placed in higher education
The first phase of the national contest for access to higher education is complete: around 44,000 students were placed, 12.1% less than a year ago. Vacancies to be filled more than double.
Nova SBE and FEP have top marks in Economics and Management
Nova SBE opened 195 spots for its Economics degree programme and filled them all. The lowest score accepted was 17.46. In Management, FEP won with a score of 17.8.
Government approves grant of 100% for houses up to €250,000
This is one of several measures included in a new "legislative instrument" approved today by the PSD/CDS-PP government and which will "act as a framework law" for similar emergencies.
PM sees need to rethink civil protection system
Montenegro recognised that an assessment should be made of the current system, "how it can or cannot generate better coordination, better operational capacity, how it can prevent more events (...)”.
Interview US company TransPerfect acquires Unbabel
In an interview with ECO, Unbabel co-founder and CEO Vasco Pedro reveals what motivated the deal with the American company after negotiating with "three or four potential buyers".
Winegrowers demand that the government fulfill its promises
"First of all, the government must materialise the measure of €13 million to support grape distillation”, said the National Confederation of Agriculture (CNA) on Wednesday.
New border police force starts work Thursday
The PSP's National Foreigners and Borders Unit (UNEF) will operate with around 2,000 people "in the medium term”.
The focused EU commissioner who waited 10 years for the job
Former Minister of Finance during the Troika, she was considered a candidate for Brussels in 2014. Now, between meetings and business trips, she is focused on delivering results.