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Portugal

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Portugal aims to cap any deficit at 0.5% to protect investor confidence

Bermuda Broadcasting Newsdesk -
The government had forecast that the budget surplus would narrow to 0.1% of GDP this year from about 0.3% of GDP in 2025, marking...
News - World

Portugal’s TAP profit slumps 92% on one‑off charge, says bookings solid

Bermuda Broadcasting Newsdesk -
TAP said it sees positive booking momentum, while "actively monitoring" developments in the Iran war, adding it will be "nimble" in responding to any...
News - World

Lufthansa, Air France-KLM vie for minority stake in Portugal’s TAP

Bermuda Broadcasting Newsdesk -
Portugal re-launched the long-delayed privatisation of TAP in July, aiming to sell a 44.9% stake to a strategic airline partner able to expand the...
News - World

Tesla sales in Portugal fall 1.7% in March

Bermuda Broadcasting Newsdesk -
In the January-March period, Tesla sales rose 27.1% to 2,726 vehicles, in line with the increase in all electric car sales International News via Reuters: Tesla's...
News - World

Portugal demands that TAP bidders bolster operations in all its airports, not just Lisbon

Bermuda Broadcasting Newsdesk -
British Airways owner IAG, Air France-KLM and Germany's Lufthansa formally submitted expressions of interest to buy a 44.9% stake in TAP International News via Reuters: The...
News - World

Portuguese leader, in contrast with Spain, defends decision to let US use base in Iran campaign

Bermuda Broadcasting Newsdesk -
A longstanding agreement with the United States allows Washington to use the base without prior authorisation during peacetime, but required Portugal to give approval...
News - World

US ambassador urges Portugal to buy F-35s, join top-tier air forces

Bermuda Broadcasting Newsdesk -
Ambassador John Arrigo told CNN Portugal late on Sunday that he aimed to draw on his business experience to help Portugal ramp up defence...
News - World

Portugal says efforts to balance budget, cut debt constrained by storm damage

Bermuda Broadcasting Newsdesk -
Estimating the damage to homes, factories and infrastructure from the storms will take some weeks, Miranda Sarmento told reporters as he arrived at a...
News - World

Spain and Portugal on high alert as storms cause more damage

Bermuda Broadcasting Newsdesk -
One person was in a serious condition after being struck by a falling tree in the northeastern Spanish region of Catalonia in the latest...
News - World

Farmers report ‘catastrophic damage to crops as Storm Marta hits Spain and Portugal

Bermuda Broadcasting Newsdesk -
The Iberian Peninsula has already experienced a succession of storms in recent weeks, bringing heavy rain, thunder, snow and strong gales before the arrival...
News - World

Portugal elects Socialist as president by landslide, but far right grows

Bermuda Broadcasting Newsdesk -
A succession of storms in recent days failed to deter voters, with turnout at about the same level as in the first round on...
News - World

Storm Leonardo forces evacuations in Spain and Portugal with more rain on the way

Bermuda Broadcasting Newsdesk -
State weather agency AEMET warned that another storm, Marta, would hit the peninsula on Saturday, bringing more abundant rainfall International News via Reuters: One of Spain's...
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