French Banking Giant BPCE Takes Over Novo Banco: What Portugal's Banking Shift Means for Residents
BPCE completes €6.7B purchase of Novo Banco. No changes to services for 1.5M customers. How France's second-largest bank reshapes Portugal banking.
Tracking economy for Portugal — coverage from the newsroom in Lisbon.
BPCE completes €6.7B purchase of Novo Banco. No changes to services for 1.5M customers. How France's second-largest bank reshapes Portugal banking.
China blocks Meta's AI acquisition, reshaping digital sovereignty. What Portugal's tech firms and residents need to know about the global AI competition.
BPCE completes €6.7B Novo Banco acquisition. Portuguese state recovers €1.67B from 12-year BES fallout. French bank gains major foothold. Customer impact explained.
Portugal invests in military factories while facing strikes, pension pressures, and wage reforms. How it affects residents and expatriates living there.
Alentejo olive production falls to 160,000 tonnes, but Portugal's €92M trade surplus and AI technology drive resilience. India trade deal opens 1.47B consumers.
Portugal extends storm loan moratorium for affected businesses by 12 months to April 2027. Learn eligibility rules, what's covered, and pension supplement updates for 2026.
Portugal cuts corporate taxes to 19% in 2026, but energy costs and low-income relief tell a different story. What changes affect you?
Portuguese household deposits reached record €201.7B in March 2026, up 4.7% year-on-year. Explore what this means for residents' savings amid inflation concerns.
Portugal's €22.6B recovery plan criticized as insufficient by agriculture and sports sectors. See what's funded through 2034 and what residents need to know.