Spanish banks earn €1.8 billion in Portugal
Santander, BPI, Bankinter and Abanca: the Spanish armada in Portuguese banking resisted the fall in interest rates and saw profits stabilise at €1.8 billion.
Diogo Mónica’s Anchorage Digital raises $100 million
The investment by US company Tether raises the valuation of the company founded by Portuguese entrepreneur Diogo Mónica to approximately €3.6 billion.
Trains halted due to floods, Tagus ferries halted
Fertagus commuter train services, which connect Lisbon and Setubal on the south bank of the river Tagus, were restricted in the early hours of the morning due to strong winds.
Government will have to open “entry route” for immigrants
The President of the Republic says that more workers are needed to meet the demands of the construction sector, advocating a special solution to allow immigrants to enter the country.
Costs of Storm Kristin to exceed four billion euros
Minister Castro Almeida acknowledged that "his words were unfortunate" when he said that victims of the disaster would have to survive on their January salaries while waiting for government support.
Interview “BNP Paribas views Portugal as a strategic pillar of growth”
Diogo Malato Moura, head of corporate and investment banking at BNP Paribas Portugal, explains the importance of technology and the 11 centres of excellence that the French group has in the country.
CFO leaves amid TAP privatisation
The Portuguese airline reports that Gonçalo Pires has resigned from his position and will be replaced by Renato Inácio, who currently serves as senior director of Corporate Finance and Risk.
Storm Kristin cuts supply of moulds and components
The destruction caused by the storm Kristin has left companies in the Central region, whose customers include large multinationals, with heavy losses and unable to produce.
Govt estimates that costs of storm Kristin exceed €2 billion
"The mobilisation of the State Budget is much higher than what will come from this European solidarity", said Manuel Castro Almeida. Government will use EU Solidarity Fund.
Public debt exceeds Govt. target and falls to 89.7% of GDP
Portugal ended 2025 with public debt below the target of 90.2% of GDP, a performance explained by economic growth, according to the Bank of Portugal.
Fall in margin causes BPI’s profit to drop 13% in 2025
Increase in turnover did not offset 10% drop in financial margin. Bank to pay €428 million dividend to shareholder Caixabank.
Kristin. Aid for businesses and families worth €2.5 billion
On Sunday, the Prime Minister announced a plan to support families and businesses with reconstruction, cash flow and income for all those affected by Storm Kristin.
Portugal grows more than the Eurozone average in 2025
The single currency area's economy grew by an average of 1.5% last year, below Portugal's GDP growth of 1.9%.
GDP grew by 1.9% in 2025, but falls short of Govt. target
This is the third consecutive year of slowdown, with exports penalising the performance of the national economy, following the temporary shutdown of Galp's refinery in Sines.
Mota-Engil signs concession for submerged tunnel in Brazil
With the new contract, the Portuguese construction company adds €1.2 billion to its order book, bringing the total value in the country to €2.2 billion. The company sees "high potential" for growth.
Govt. declares state of calamity in areas hit by storm
The Prime Minister has cancelled his foreign engagements for the coming days, including trips to Andorra and Croatia, in order to visit the affected areas in the districts of Leiria and Coimbra.
Portuguese Sword acquires German rival Kaia for $285 million
The start-up acquired its German competitor in what is its largest deal to date, expanding its presence in the US and marking its entry into Germany.
EU-India agreement opens up a market of enormous potential
Companies in the metal, automotive and wine sectors see potential for growth, while the textile industry warns that the country will be "more competitive than China is at the moment".
Lisbon city council loses “Russiagate” appeal
The Constitutional Court argued that the law makes no distinction between private companies and public entities (whether commercial or not) with regard to the Data Protection Regulation.
Nos and Benfica sign €104.6 million agreement for TV rights
The agreement was signed between Nos Lusomundo Audiovisuais, the Eagles' SAD and the club's TV channel (Benfica TV) and covers the senior football team's home games.
The impact of Portugal Fashion is more significant “outside”
Around €475,000 will take Portuguese fashion designers across Europe in 2026. In the next stage, they want to "give more visibility to the ecosyste"’. Which partners are here? How many companies?
Saudis interested in investing in housing in Portugal
Portugal is a great place to invest and now is the right time. We see potential in small towns, large cities, everywhere”, said the businessman Alwalid Albaltan.
Interview Colep to grow by around 30% in Poland
The CEO of Colep Packaging reveals that he will invest in Poland and expects to double production in Barcelona. A third production line in Mexico will be operational in the second half of this year.
New tender launched for 2nd section of high speed train line
The public-private partnership now launched covers the design, construction, financing and maintenance of the Oiã-Soure section of the Porto-Lisbon high-speed line.