Anne Taylor
Carlucci and Soares – the US role in the Portuguese revolution
By Posted 1 Maio, 2024 In American Club of Lisbon, News It started with a military coup in the early hours of April 25, 1974, promoted by mid-ranking officers or captains. The coup’s two initial goals: to end the colonial wars which had exhausted Portugal’s financial reserves over 10 years, and reintroduce democracy not seen since 1933. … Read more
BBVA CIB reaches 1,369 million euros in revenues in the first quarter of 2024
BBVA CIB achieves an accumulated net attributable profit of 668 million euros in the year, a year-on-year growth of +40% (in constant euros and does not reflect the application of hyperinflation accounting). Good evolution of the activity and the growth of revenues are of particular note, reaching 1,369 million euros, up by 31% in 2023. … Read more
Essential Opinions: Portugal’s foreign relocators – a sign of positive growth and change
By Posted 22 Abril, 2024 In News, Opinion, Personality, Property, Real Estate, Relocating The influx of professional and wealthy foreigners to Portugal has many benefits that are being overlooked in the country’s housing crisis debate, says Anne Brightman, CEO of Brightman Group. February 16, 2023 was a day I will never forget. It was on the eve of a series of seminars that my … Read more
Digital bank Revolut nets 1.3 million clients in Portugal
By Posted 19 Abril, 2024 In Banks, News, Online banks British Fintech Revolut, which has just set up an office in Portugal, is close to netting 1,300,000 clients in the country with a target to increase this figure to 1.5 million. This is according to Revolut Portugal’s Managing Director, Rúben Germano who said that this did not include company … Read more
Portugal’s surplus 1.2% of GDP in 2023 with debt down to 99.1% of GDP
By Posted 25 Março, 2024 In Debt to GDP, News, Public administration, Public debt, Public deficit and Budget deficit The government net surplus achieved by the outgoing minister of Finance, Fernando Medina in 2023 was 1.2% of GDP according to the National Statistics Institute. (INE) Portugal’s public debt has fallen to 99.1% of GDP while its public administration enjoyed a … Read more
Parpública to sell Estoril racing track
By Fernando Caetano Posted 5 Janeiro, 2024 In Infrastructure, News, Sports and Leisure The Portuguese State umbrella company that controls public sector companies is to put Estoril’s autodrome up for sale says online news source ECO. Parpública has wanted to sell the Estoril track for over a year and will now launch an international competitive tender to sell … Read more
Jerónimo Martins sales skyrocketed 20.6% in 2023
By Fernando Caetano Posted 12 Janeiro, 2024 In Food retail and distribution, News The sales turnover of Portuguese supermarket giant Jerónimo Martins, which manages the Pingo Doce brand, soared 20.6% to a total of €30,606 million, despite a year of falling inflation and belt tightening by Portuguese families. The food distribution and retail group said that the strong performance … Read more
Portugal’s tourism revenues hit €25Bn in 2023
By Fernando Caetano Posted 5 Janeiro, 2024 In News, Tourism Portugal has closed 2023 with a record 77 million overnight stays and €25Bn in tourism revenues. Writes Expresso, growth in overnight stays was up 10% and revenues up 37% on 2019, with a particular emphasis in Portugal’s interior regions and off-season tourism. Portugal’s secretary of State for … Read more