Price set to decide between TAP bidders, minister says
Portugal says Air France-KLM and Lufthansa have submitted similarly strong industrial plans for TAP, making price a key factor in choosing a buyer.
UGT rejects latest labour law reform proposal
Portugal’s UGT union confederation has rejected the government’s latest labour law reform draft, leaving key workplace rule changes without an agreement.
Krest plans Portugal’s tallest apartment towers in Gaia
Developer Krest plans two residential towers in Vila Nova de Gaia, betting on Porto’s new metro line in a €150 million project due from 2028.
Lufthansa Technik gets green light for Portugal plant
Lufthansa Technik has secured environmental approval for its €309 million plant in northern Portugal, clearing the way for construction to start in the coming weeks.
Portugal invites binding bids for 49.9% of TAP
Portugal has formally invited Air France-KLM and Lufthansa to submit binding bids for 49.9% of TAP, moving the airline’s privatisation into its next phase.
Paulo Carmona to Lead Infraestruturas de Portugal
Paulo Carmona, current director-general of Energy and Geology, will become the new president of Infraestruturas de Portugal, starting in May.
Portuguese Household Debt Rises, Central Bank Warns
Portugal's central bank governor warns of rising household debt driven by housing credit, posing economic risks.
Air France-KLM, Lufthansa move ahead in TAP sale
Bloomberg says Portugal may invite Air France-KLM and Lufthansa to submit binding bids for TAP on Thursday, advancing the sale of a strategic stake in the airline.
Sonae generates €259m from circular economy activities
The recovery of ingredients and raw materials, and the repair, reconditioning and reuse of electronic equipment, are some of the business models adopted by the group that owns Continente and Worten.
Portugal among EU’s top five budget surpluses in 2025
In 2025, Portugal joined the select group of five European Union countries with a surplus, posting a balance of 0.7% in a year when most Member States were in deficit.
Iberia more competitive than some US states, says EDP CEO
"When comparing Europe with the US, we are comparing averages that don’t tell us anything", warns Miguel Stilwell de Andrade, stressing that the Iberian Peninsula has lower energy prices for industry.
Government pushes for positive decision on labour law
Labour Minister announced that the legal framework for vocational training will be reviewed before the end of the year and that the Wage Transparency Directive will be transposed.
Portugal faces key test in unwinding fuel tax cuts
Portugal has learned from the 2022 energy crisis, but reversing fuel tax cuts will be the real test for fiscal policy and inflation control.
Portugal food retail outpaces Europe with strong real growth
Portugal’s food retail sector grew four times faster than Europe in real terms in 2025, signalling a recovery in consumption beyond inflation effects.
Data centres: a “golden opportunity” for offshore wind power
The head of the Portuguese Renewable Energy Association says growing demand from data centres could unlock offshore wind investment, linking digital infrastructure to energy transition opportunities.
Portugal’s data centre plan faces execution risks
Portugal’s plan to attract data centres could work, but industry players warn implementation will be difficult, raising questions for investors targeting the fast-growing sector.
Portugal confident TAP wont cut flights despite fuel risk
Portugal’s infrastructure minister says TAP’s fuel supply will remain secure despite global jet fuel concerns, easing fears for the airline ahead of peak travel season.
Delays in key reforms put €1.5bn of EU funds at risk
The head of the country’s PRR taskforce warns that delays in reforms to social security, energy and public finances could jeopardise €1.5 billion in EU recovery funds for Portugal.
Portugal defence groups target US market despite tensions
Twenty-two Portuguese defence companies are in Washington this week seeking US partnerships and supply-chain roles, betting business ties can advance even as political strains test transatlantic relat
Storms lift EDP power output 4% in first quarter
EDP increased electricity production by 4% in the first quarter, as successive storms boosted renewable generation, highlighting weather-driven volatility in energy markets.
Banks return nearly 70% of profits to shareholders
Portuguese banks are distributing close to 70% of profits to shareholders, highlighting strong payouts as sector earnings reach record levels.
Portugal raises €249m in debut offshore yuan bond
Portugal has issued its first “Dim Sum” bond, raising €249 million in offshore yuan, expanding its funding base beyond Europe at a time of high interest rates.
NOS sets up company to enter security and defence
Telecom operator NOS has created a new company focused on security and defence, positioning itself in a fast-growing sector tied to European strategic investment.
EDP puts 3 US offshore wind projects into “hibernation”
CEO of the utility told Bloomberg the company has postponed final investment decisions on offshore wind to avoid potential losses.