BCP will assess Novobanco
BCP's chairman said that the bank would not participate in a partial purchase of Novobanco shares but that in a possible direct sale, it would assess whether the acquisition would bring it advantages.
State development bank ‘has not had hoped-for impact’
Portugal's minister for territorial cohesion argued in parliament that the Banco Português de Fomento has not had the hoped-for impact and has "many shortcomings" - and promised to relaunch it.
Aga Khan and Portugal, a story of love and millions
Prince Aga Khan died on Tuesday in Lisbon. The world leader of the Ismailis made the Portuguese capital the world headquarters of the community.
EU court rejects Ryanair’s appeal against state aid to TAP
The General Court of the European Union (EU) rejected Ryanair's appeal on Wednesday against state aid totalling €1.2 billion given to TAP in 2020 during the COVID-19 crisis.Covid-19 crisis.
Aga Khan, Leader of the Shia Ismaili Muslims, Dies
Aga Khan, 88, Founder and President of the Aga Khan Development Network (AKDN) and Leader of the Shia Ismaili Muslims, Dies in Lisbon, Official Source Confirms to Lusa.
Bank of Portugal leaves X, moves over to rival BlueSky
The Bank of Portugal has decided to stop publishing content on the X social media and will create an institutional account on BlueSky, an official source from the central bank told Lusa on Tuesday.
Mortgage loans in Portugal jump to record in 2024
Young people up to the age of 35 were the main contributors to the increase in demand for home loans, which rose to 17.6 billion euros last year.
Minimum tax of 15% may hurt companies with fiscal benefits
Tax experts consulted by ECO point out that the international regime, which Portugal also joined last year, could increase taxation on national entities that enjoy a rate below 15%.
Former secretary of state denies conflict of interest
Hernâni Dias said in Parliement that he had communicated with the Transparency Authority to find out if his position allowed the creation of the companies that led to his resignation.
Possible listing of Novobanco good for stock market
The chairman of CMVM said on Monday, regarding Novo Banco's possible listing on the stock market, that the entry of more companies is always positive for the capital market.
Portuguese PM relies on “dialogue” to stop Trump’s tariffs
Luís Montenegro argues that the European Union must "demonstrate with arguments the virtues of having trade [with the US] that is not marked by an excessive tariff burden".
Ronaldo at 40 ‘the best goalscorer of all time’
On Wednesday, Portuguese forward Cristiano Ronaldo reaches his 40th birthday in a career full of records and trophies, and reaching 1,000 goals seems to be the ultimate career goal.
Public debt fell to 95.3% of GDP in 2024, lowest in 14 years
The public debt ratio fell to 95.3% of Gross Domestic Product (GDP) in 2024, down from 97.9% the previous year and the lowest figure since June 2010, the Bank of Portugal (BdP) announced on Monday.
Galp oil refining margin in Q4 up 12% on quarter
The refining margin of Portugal's Galp Energia in the last quarter of 2024 swelled 12% from the previous quarter, to $5.20 per barrel of oil, but was down 15% from the same period last year.
Consumer confidence indicator at highest level
Confidence indicators increased in services and slightly in trade, while they fell moderately in manufacturing and construction and public works.
TAP made a profit of 177 million in 2023
The airline achieved a net result of 177 million euros in 2023, below the 203 million recorded up to September. A loss of 26.2 million in the last quarter impacted the year's performance.
Portugal: Far-right biggest winner
The Portuguese didn't respond to the calls for a useful vote in Sunday's legislative elections, resulting in the "most fragmented parliament ever" and with Chega being the "big winner".
Retailer Jerónimo Martins to invest €1.2B
Portugal's retailing giant Jerónimo Martins plans to invest €1.2 billion this year, an amount that "also takes into account the initial investment" to launch operations in Slovakia.
One week before elections main parties convinced of victory
More than 10.8 million Portuguese are expected to vote on Sunday to elect 230 deputies to the Portuguese Parliament. Eighteen political forces, 15 parties and three coalitions are running.
Civil engineering group Mota-Engil sees record €113M profit
The year 2023 was "characterised by a strong operating performance, achieving record levels of production in the Engineering and Construction (E&C) area", it stressed.

Opinion Managing uncertainty and accelerating a decarbonized world
It is critical to accelerate investment and modernization of electrical infrastructure to accompany the renewables growth strategy, create stable and predictable regulatory contexts.
Centeno argues for caution in wage increases
The governor says that monetary and fiscal policies need to recognize the challenges of the labour market.
Stock market closes with benchmark up 0.7% led by BCP
The Lisbon stock market closed higher on Monday, with the PSI index rising 0.69 % to 6,572.24 points, supported by strong rises from BCP and Jerónimo Martins.