Mortgage lending in Portugal grew at its fastest annual rate in two decades in January, new data from the Bank of Portugal revealed on Thursday, underscoring the intensity of demand in a housing market that shows no signs of cooling. Home loans...
Prime Minister Luis Montenegro has acknowledged that financing the country's ambitious post-storm recovery programme may require running budget deficits and increasing public debt -- a significant shift in rhetoric from a government that has made...
EDP Posts Record 1.15 Billion Euro Profit Portugal's largest utility reported a 44 percent jump in net profit to 1.15 billion euros for 2025, driven by a dramatic turnaround at EDP Renovaveis. The renewables arm swung from losses of 556 million...
Finance Minister Hospitalised Finance Minister Joaquim Miranda Sarmento was admitted to Santa Maria Hospital in Lisbon on Tuesday for medical tests. Hospital sources ruled out a stroke but provided no further details. The government has not...
Portugal has secured three spots on the 2026 European Best Destinations list, reinforcing the country's growing reputation as one of the continent's most versatile travel markets. Câmara de Lobos in Madeira placed sixth, Lisbon came in ninth,...
EDP, Portugal's largest energy utility, reported a record net profit of 1.15 billion euros for 2025, a 44 percent jump from the 801 million euros posted the previous year. The results, disclosed to the Portuguese securities regulator CMVM on...
The 36th edition of BTL — Better Tourism Lisbon — opened its doors this week at the FIL convention centre in Parque das Nações, and organisers are not understating matters when they call it the biggest in the fair's...
