Portugal is the 7th country with the most bookings in Europe
A study carried out by Amadeus and UN Tourism shows Portugal as the fifth destination with the most searches and the fourth with the most bookings in Southern and Mediterranean Europe.
ESM sees risks to debt Portugal’s sustainability
“The difficulties of long-term growth and demographic changes mean that maintaining public debt sustainability requires strong action in the medium and long term," the ESM said.
Portugal gains 3,200 millionaires in the last year
The number of million-dollar fortunes grew by 1.9% in the country, while worldwide the increase was 1.2%. Portugal currently has around 175,000 millionaires.
Mortgages fall to lowest in more than a year and a half
Mortgage interest rates have been falling for 16 months. The rate fell to 3.57% in May, bringing the average house payment to the lowest since October 2023.
Foreign minister promises “reformist spirit”
"The uncertainties of the international situation will always leave this government’s reformist spirit strong and undiminished”, said Paulo Rangel in his closing speech on the debate in Parliament.
Competitiveness. Portugal falls, but remains ahead of Spain
Infrastructure is the area in which Portugal scores best in the global competitiveness ranking. On the other hand, tax policy is the country's least attractive factor.
Entire TAP SGPS board steps down
After being left without assets, the company to which Azul claims a debt of 177 million euros is without management and supervisory bodies.
Blackout was a litmus test for Sines data centre batteries
The relationship between Start Campus and Schneider Electric had a litmus test on the 28th of April. A new contract between the companies is increasingly a possibility.
Court rules in favour of Amorim and Vanguard in Comporta
The Setúbal District Court has accepted the injunction aimed at restoring access to the road blocked by the ‘Casas da Encosta’ condominium.
Opinion The Urgency of Transforming European Entrepreneurship
Portugal has both the potential and the know-how to lead and inspire this new cycle of startup policies in Europe. However, to make that happen, we must continue doing more and doing better.
Lone Star agrees to sell Novo Banco to BPCE for 6.4 billion
BPCE said it was also “in talks with the Portuguese government and the Bank Resolution Fund to acquire their stakes in Novobanco (11.5% and 13.5%, respectively), on identical terms”.
PM calls for a “united Europe with no room for populism”
The Prime Minister warned that populism is a threat to democracy and recognised that Portugal has not always taken advantage of the opportunities it has had since joining the European community.
Lone Star close to securing sale of Novobanco to BPCE
The US fund has chosen the French group that owns Natixis to sell its 75% stake in Novobanco, reports ECO. Negotiations have already begun and the valuation could be close to 7 billion.
France’s BPCE group leads race to buy Novobanco
The owner of Natixis is trying to reach an agreement with Lone Star. Americans are still considering a possible IPO. A decision on the future of Novobanco is expected to be made in the coming days.
Former TAP SGPS must pay 177 million to Azul by June 23rd
The amount corresponds to 175,272,269.73 euros of the loan granted in 2016 by Azul to TAP and the respective compound interests, together with 1,643,177.53 euros of simple interests.
Health more than doubled sales to the US before tariffs
Health companies exported 160% more in the first quarter than between January and March 2024. Industry remains “confident" in production capacity and global supply chain.
Exports down 5.7%, imports up 2.4% in April
With this development, the trade deficit in goods worsened by 614 million euros compared to the same month in 2024, reaching 3.018 billion in April 2025.
Portugália beerhouse group says revenues up by over 15%
The Portugália brewery celebrates its 100th anniversary on 10 June, and the stores have undergone a rebranding.
President describes Nations League victory as ‘delicious’
"It was very, very difficult, very exciting and very sweet," said Marcelo Rebelo de Sousa after Portugal beat Spain on penalties in Munich.
Special JNcQUOI arrives (by buggy) in Comporta
A new discreet luxury resort is taking shape on Portugal’s Alentejo coast. JNcQUOI is expanding from Lisbon to Comporta. Miguel Guedes de Sousa personally guided us through what the future holds.
Defence spending should ‘expand economy’ – defence minister
Bringing forward the target of investing 2% of GDP in defence this year "will bring a return and help the economy grow", said Nuno Melo.
Bank of Portugal worsens 2026 deficit forecast to 1.3%
In its December, the central bank had forecast a deficit of 0.1% of GDP this year, a forecast it maintains, but now worsens the outlook for the 2026 budget balance from 1% to 1.3%.
Public transport is ‘investment, not cost’ – new minister
"If we think about it strategically, it will always be strictly an investment, an investment in our future, an investment in our planet", said infrastructure minister Miguel Pinto Luz.
Tourism hopes new economy minister will prioritise sector
The government taking office will have 16 ministries, one less than the previous one, and the Economy will be linked to the Territorial Cohesion portfolio, with Manuel Castro Almeida at the helm.