Govt estimates that costs of storm Kristin exceed €2 billion

ECO News,

"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

ECO News,

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.



Kristin. Aid for businesses and families worth €2.5 billion

ECO News,

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.



GDP grew by 1.9% in 2025, but falls short of Govt. target

ECO News,

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

ECO News,

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

ECO News,

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.



EU-India agreement opens up a market of enormous potential

ECO News,

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

Lusa,

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

ECO News,

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”

ECO News,

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

Lusa,

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

ECO News,

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

Lusa,

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.



Benfica in the top 20 most profitable clubs in the world

ECO News,

Real Madrid leads the ranking, according to the Deloitte Football Money League 2026 report. The 20 richest clubs in the world exceeded €12.4 billion in revenues for the first time.


Bank of Portugal gold reserves now worth over €50 billion

ECO News,

Escalating tensions between the US and the EU over Greenland are pushing gold prices to record highs. Bank of Portugal reserves are now worth over €50 billion.


Consortium to submit new project for high-speed rail in Gaia

ECO News,

The AVAN Norte consortium will submit a new implementation project by the end of March, following the Portuguese Environment Agency's rejection of two sections of the Porto-Lisbon railway line.


Portugal joins forces with Spain to bid for AI gigafactory

ECO News,

The Minister of Economy believes that a joint application is an "opportunity" for Portugal to have one of the five artificial intelligence gigafactories that the European Commission will finance.


Minister defends national control of Galp refinery

Shrikesh Laxmidas,

“The government has to follow the negotiations and preserve the maximum of our sovereignty in energy matters,” said the Minister of Economy about the deal being prepared between Galp and Moeve.


Centeno calls for more Portuguese presence in EU regulation

ECO News,

The former governor of the Bank of Portugal was not selected as vice-president of the ECB, but argues that the reasons for his candidacy "remain unchanged".