Benfica President's Real Estate Firm Sued Over €500K Loan
Benfica president Rui Costa's firm 10 Invest sued by ex-VP Luís Mendes over €500K unpaid loan. Troubled Dream Living project faces delays and legal battles.
Tracking economy for Portugal — coverage from the newsroom in Lisbon.
Benfica president Rui Costa's firm 10 Invest sued by ex-VP Luís Mendes over €500K unpaid loan. Troubled Dream Living project faces delays and legal battles.
EU's record €359.8B trade deficit with China affects Portuguese consumers, businesses, and manufacturers. Understand the impact on prices and jobs.
Gas and oil prices spike amid Middle East tensions. Learn how Portugal's economy and trade opportunities depend on Gulf security and new EU-GCC agreements.
Portugal's €315M young farmer program has 2,000 new entrants but only €527k paid. May 31 Single Application deadline critical. Up to €55k grants for ages 18-40.
European steel industry petition warns 13M jobs at risk. Portuguese metalworking sector, worth €24.2B in exports, demands EU action on subsidized imports.
Euribor rates drop across all terms. Portuguese variable-rate mortgage holders see immediate monthly savings starting this spring as rates stabilize lower.
Portugal approves €5.8 billion SAFE defense loan for military modernization. Contracts expected May 2025. What this means for local jobs and taxpayers.
Portugal swears in finance-focused health secretary Francisco Catalão as govt faces deficit warnings & 2.8% inflation. What the change means for residents.
BCP proposes €509M dividend plus share buybacks for May 7 vote. Portugal's largest private bank raises payout potential to 90% of profits—what investors need to know.