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Business news, startups, investments, and corporate developments in Portugal.

European Commission Opens Three Infringement Procedures Against Portugal Over Unimplemented EU Directives

European Commission Opens Three Infringement Procedures Against Portugal Over Unimplemented EU Directives

Portugal faces formal EU action for failing to implement directives on financial transparency, banking stability, and digital evidence. The clock is now ticking.

Portugal's Productivity Crisis: Wages Rise While Output Falls, Squeezing Business Margins

Portugal's Productivity Crisis: Wages Rise While Output Falls, Squeezing Business Margins

Portugal closed 2025 with a troubling economic warning sign: productivity fell even as wages continued to climb, creating a cost squeeze that threatens the competitiveness of businesses and the sustainability of recent employment gains. According to...

Nova School of Business Moves to Split From Universidade Nova de Lisboa Over Language Rule Dispute

Nova School of Business Moves to Split From Universidade Nova de Lisboa Over Language Rule Dispute

Portugal's top-ranked business school is set to formally request independence from its parent university in a high-stakes divorce triggered by what administrators describe as bureaucratic constraints and a controversial Portuguese-language naming...

Markets, Business & Tech Briefing – March 27, 2026

Markets, Business & Tech Briefing – March 27, 2026

Markets & Economy Bank of Portugal Slashes Growth Forecast to 1.8% The central bank cut Portugal's 2026 GDP growth projection from 2.3% to 1.8%, citing Middle East conflict and Storm Kristin damage. Inflation forecast jumped to 2.8% from 2.1%. Oil...

Certificados de Aforro Hit Their Highest Rate in Ten Months as Middle East Tensions Push Euribor Up

Certificados de Aforro Hit Their Highest Rate in Ten Months as Middle East Tensions Push Euribor Up

Portugal's most popular government savings product is about to get more attractive. Certificados de Aforro subscribed in April will pay a base interest rate of 2.138 percent, up 12.6 basis points from March's 2.012 percent. It is the highest rate...

Portugal's Labour Reform Takes Another Turn: Government Drops Extra Holidays, Expands Fixed-Term Contracts

Portugal's Labour Reform Takes Another Turn: Government Drops Extra Holidays, Expands Fixed-Term Contracts

Portugal's marathon labour reform negotiations took yet another turn this week when the government circulated a revised draft of its Trabalho XXI package to employers' confederations and the UGT trade union. The new version, obtained by ECO and...