Russian forces claim to have brought down a Tekever AR3, a reconnaissance drone made by the Portuguese defence-tech firm Tekever and supplied to Ukraine — even as the company lands a British Army contract worth up to €467 million.
From 1 August, the Banco de Portugal's revised rules cut the maximum debt-service-to-income ratio on new loans from 50% to 45%, narrow the exceptions banks can grant, and replace the average-maturity rule with age-based limits of up to 40 years for the under-35s.
If you rent out a home in Portugal, your tenant almost certainly handed you a caução (security deposit) when the lease was signed — usually one or two months' rent, held as a guarantee against unpaid rent or damage. A long-running question has hung...
📋 In This Edition * Market Wrap: Lisbon Reopens Higher * Movers: Jerónimo Martins and BCP Lead a Broad Advance * Business & Tech Focus: Anacom Targets Switching Failures, Sonnedix Lands €730M * Bonds, the Euro and
Overnight stays by foreign visitors fell 0.6% year on year in June, the first decline since October, though domestic travel and rising room rates kept revenue growing.
The debt ratio rose to 92.9% of GDP between April and June, up 1.9 points on the first quarter but still well below last year's level, Bank of Portugal figures show.
Solar covered 19% of national output last month, edging past hydro and wind to top the mix for the first time, according to grid operator REN.
