TAP Air Portugal Cuts Losses by Two-Thirds, But Fuel Crisis Threatens Fare Hikes Ahead
TAP Air Portugal slashed Q1 losses to €39.9M, but soaring fuel costs mean expect price increases on flights from Portugal this summer and beyond.
Tracking economy for Portugal — coverage from the newsroom in Lisbon.
TAP Air Portugal slashed Q1 losses to €39.9M, but soaring fuel costs mean expect price increases on flights from Portugal this summer and beyond.
Manteigaria's first Hong Kong location opens June 2 in Central, bringing authentic Portuguese pastéis de nata to Asia. Two more shops planned by year-end.
EU to issue €1 trillion in common debt by 2034. Portugal's share of interest costs will double to €30B+. How this impacts your taxes and budget explained.
Portuguese workers in Switzerland are overrepresented in accidents. Learn your mandatory insurance coverage, survivor benefits, and how to protect yourself on construction sites.
Brazilian Supreme Court justice hosts major legal forum in Lisbon this week amid €4.7B corruption scandal. Why 470 speakers are gathering in Portugal's capital.
Portugal defends selling 8 Lisbon state buildings at €3,000/m² vs €5,000-6,000 market rates. Opposition demands inquiry. 450 potential public homes at stake.
Iran's Hormuz blockade and record executions affect fuel costs for Portugal. Recent negotiations dropped oil prices 5%, but geopolitical tensions remain high.
US-Iran peace talks advance but remain unsigned. If finalized, Portuguese drivers could see diesel drop 6-8 cents per liter by June. Latest updates.
Portugal's banking unions reject 2% raise as inflation hits 2.8%. Strikes loom as 20 banks face wage dispute—what this means for your banking services.