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Economy

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.

Mota-Engil Prices New €50 Million Retail Bond at 4.6% — Subscription Window 6-19 May, With a Swap for the 2026 Paper

Mota-Engil Prices New €50 Million Retail Bond at 4.6% — Subscription Window 6-19 May, With a Swap for the 2026 Paper

Mota-Engil's next five-year retail bond pays 4.6% gross — 10bp thinner than its last issue. Subscription runs 6-19 May with €2,500 minimum ticket. Holders of the 2021 bonds maturing December can swap paper for the new series plus a €0.19-per-bond premium.

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.

Banco de Portugal's 2025 Relatório e Contas — RAPI Deficit Collapses from -€1.142bn to -€304M, Gold Reserves Revalue 46%, Statutory Loss Held to €1.4M via a Provision Drawdown

Banco de Portugal's 2025 Relatório e Contas — RAPI Deficit Collapses from -€1.142bn to -€304M, Gold Reserves Revalue 46%, Statutory Loss Held to €1.4M via a Provision Drawdown

The Banco de Portugal on Thursday, 23 April 2026, published its Relatório e Contas 2025 — and the headline is less about the number on the bottom line than about how that number came together. The central bank closed the year with a statutory net...