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Economy minister Pedro Reis assures "there will be no deficit" as a result of these measures. Image: Miguel A Lopes/ Lusa

Government greenlights €300 million investment in four companies 

Investment creates more than 1,200 jobs Suggesting the caretaker government does not in fact have its hands tied when it comes to spending money, the ministry of economy has announced

April 28, 2025by Natasha DonnIn Government, Investment
A dtop of water falling to illustrate the business sector of ÁguaKing Portugal

ÁguaKing brings successful California water softener to the Algarve

ÁguaKing Portugal introduces an innovative electronic water softener, with proven success in California, to the Algarve market. ÁguaKing Portugal, a new marketing agency for LifeScience Products Group, today announces the

April 24, 2025by Business BytesIn Business
Spanish hotel chain takes over VRSA's five-star Grand House Algarve

Spanish hotel chain takes over VRSA’s five-star Grand House Algarve

Bordoy Hotels has taken over Grand House Algarve, located in Vila Real de Santo António Bordoy Hotels, a prominent hotel chain from Mallorca, has taken its first step outside of

April 23, 2025by Michael BruxoIn Business, Hotels, Vila Real de Santo António
Lisbon (Nahália Segato-Pixabay)

Why more Irish are moving to Portugal

Portugal is becoming an increasingly popular destination for Irish nationals looking to relocate. This trend, which has accelerated in recent years, is driven by a combination of economic opportunities, attractive tax

April 23, 2025by ContributorIn Dublin, Moving to Portugal
Digital Meter

Do not pay for self-generated solar power

Imagine investing in solar panels to generate your own electricity, only to receive a bill for every kilowatt-hour you inject into the grid. Sounds absurd? Unfortunately, this situation happens more

April 21, 2025by ContributorIn Sustainability
Photo of one of the courses served at Barlume, one of Vale do Lobo's new restaurants

Three new Vale do Lobo restaurants level up the Algarve’s culinary offering

The Algarve’s celebrated Vale do Lobo resort has announced the opening of three new restaurants this Easter – part of the resort’s ongoing strategy of enhancements and exciting new launches.

April 17, 2025by Business BytesIn Business

Public Prosecutor’s Office accuses media mogul Mário Ferreira of qualified tax fraud

Ferreira owns Media Capital, group includes TVI/ CNN Portugal Portugal’s Central Department of Investigation and Criminal Action has accused businessman Mário Ferreira, owner of Media Capital, the group that owns

April 16, 2025by Natasha DonnIn Fraud
Image from GALP's website on signing of contract with Venture Global: photographer: Pedro Marques Pereira

GALP takes delivery of first shipment of US gas

Energy giant signed 20-year contract – seven years ago – to receive million tonnes of US gas per year Portuguese energy company GALP has received its first shipment of American

April 16, 2025by Natasha DonnIn Energy, GALP
Why investing is a minefield for Americans living in Europe

Why investing is a minefield for Americans living in Europe

For many Americans living in Europe, investing can feel like navigating a maze blindfolded.  While others may take for granted the ease of building wealth across borders, US citizens abroad

April 15, 2025by ContributorIn Business
Fall in car parts exports accelerates in February

Fall in car parts exports accelerates in February

Exports down 3.7% to €1 billion Exports of automotive components by Portuguese companies were down in February by 3.7% in comparison to the same month in 2024, to around €1

April 15, 2025by Natasha DonnIn Exports, Motoring
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