Seguro, Ventura through to 2nd round of presidential race
The PCP, Left Bloc and Livre parties have already declared their support for António José Seguro in the second round. On the right, silence and freedom of vote reign.
Tariffs. Frankfurt and Brussels must “coordinate policies”
In the race for ECB vice-president, former Bank of Portugal governor argues that European institutions must coordinate monetary, fiscal and competition policies to respond to the threat posed by Trump
Galp/Moeve. Workers criticise “minister’s complicity”
The workers criticised the Executive for not revealing whether there are conditions imposed on Galp to ensure energy sovereignty or the retention of workers, and if so, what they are.
Government and listed firms “represent” Portugal in Davos
Finance Minister Joaquim Miranda Sarmento will be joined by executives from companies such as Sonae, EDP and Galp. The World Economic Forum begins on Monday under the theme “A Spirit of Dialogue.”
European Parliament put Centeno as one of favourites for ECB
After hearing all six candidates on Wednesday, MEPs recommend the Portuguese candidate and Mārtiņš Kazāks from Latvia. The final decision is expected to be made on Monday.
Government ‘monitoring’ negotiations between Galp and Moeve
The Minister for the Environment told ECO the Government views the alliance between as ‘positive’, but the Ministry of Economy emphasises that the Government is ‘monitoring develpments'.
Investors seize one billion from Venezuela in Novobanco
For years, Caracas has been trying to recover the funds that public companies have in the Portuguese bank. But accounts worth a billion have been seized by international investors.
Bank of Portugal wins against funds over BES resolution
The suit is ‘totally unfounded, as it is baseless and unproven’, and the Court has therefore decided to “acquit” the Bank of Portugal ‘of all claims’, according to the text of the ruling.
Centeno to ECO: “I am running for ECB Vice-President role”
The bid will be formalised this Friday. For Mário Centeno, this is "a decisive opportunity to establish Portugal as one of the most important European decision-making centres".
Unbabel investor challenges sale of start-up to TransPerfect
A Spanish fund filed a €12.75 million lawsuit in Portuguese court against Unbabel and TransPerfect after the deal was completed, which resulted in a "total loss" for many of the investors.
Hussel closes after Easter. What caused this failure?
Valentine's Day campaigns and joining TikTok during Halloween were some of the ‘efforts’ Jerónimo Martins made to save the shops, but bankruptcy in Germany and cocoa prices weighed more heavily.
João Bento to step down as head of CTT at the end of April
Having reached the age of 65, João Bento has decided to end his executive career. The four main shareholders recommend the election of the current CFO, Guy Pacheco, as CEO of the postal company.
Interview “Europe’s great hope is Germany and Chancellor Merz”
At the start of a new year, the Portuguese manager acknowledges that uncertainty reigns and that, “in geopolitical terms, the world is more complicated” than he has ever seen it.
Biggest fortunes on the stock market grow by €2.5 billion
Good stock market performance has increased the wealth of the richest. The Azevedo family's fortune grew the most, riding on the coattails of Sonae and Nos' gains.
Portugal to field test European defence technology
Portugal is the second country to host the European Defence Agency’s Operational Experimentation (OPEX) exercise in 2026. Registration for the Portuguese Army’s annual exercise is now open.
Jerónimo Martins to close 18 Hussel chocolate shops
The closure of the 18 Hussel shops is expected to be completed by 30 April. The insolvency of the German partner, increased rental costs and rising cocoa prices weighed heavily on the decision.
Galp and Moeve discuss merger of distribution and refineries
If a deal is reached, Galp will hold close to 50% of the new retail platform with 3,500 service stations in Iberia and at least 20% of the industrial company to be created for refining and trading.
BCP, Sonae and construction: the stars of the stock market
The Portuguese stock market recorded its best year since 2009, with half of listed companies rising more than 30%. BCP almost doubled in value, but Teixeira Duarte was the best performer (+700%).
“Main task will be to continue the transformative agenda”
In an opinion piece in ECO, Miranda Sarmento highlights human capital, reducing bureaucracy and labour reform as the key areas for getting the Portuguese economy to grow more than in recent years.
Majority expect political stability in Portugal in 2026
When asked about political stability in the country, 46% of respondents believe the new year will be the same, 31% think the situation will worsen, 14% view 2026 with optimism and expect improvements.
Sonae sells stake in Brazilian shopping for €95 million
Sonae Sierra has sold its 25.86% stake in Parque Dom Pedro Shopping in Campinas, in the state of São Paulo, for the equivalent of €95 million.
TAP restructuring plan nears its end
Brussels said that the deadline for the sale of TAP's 51% stake in CateringPor and 49.9% stake in SPdH, formerly Groundforce, had been extended -- measures that were due to be completed until 2025.
Government suspends new passport control system
The Government has decided to suspend the new system for recording passenger entries and exits in the Schengen area in order to deal with the long queues at Lisbon Airport.
Shareholders approve MFE’s entry into Impresa’s capital
This fulfils one of the three conditions necessary for the investment agreement between Impreger and the MFE group. The market regulator and creditor banks still need to give their approval.