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economy

Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.

Arco da Rua Augusta at Praça do Comércio, Lisbon — historic heart of the city's banking district

Finance Minister Confirms Novo Banco Closes With BPCE on 30 April — Final Price Tops €6.4 Billion as State and Resolution Fund Cash Out Above the Original €1.6 Billion Target

Finance Minister Miranda Sarmento confirmed on 23 April that BPCE's takeover of Novo Banco closes next week — General Assembly 29 April, share transfer 30 April. Price moves above the €6.4bn signed in June 2025; Lone Star exits with more than €4.8bn against its 2017 €1bn injection.
The Portugal Brief