Latest articles from Portugal

Carlos Costa teaser

Bank of Portugal governor seeks productivity increase

June 3, 2019

The governor of Portugal’s central bank talks to Peter Wise about the how country’s economy is making up for lost time.

Paulo Macedo teaser

CGD's chief looks beyond bank's turnaround

June 3, 2019

The chief executive of state-owned Caixa Geral de Depósitos tells The Banker how a recapitalisation package helped turn around Portugal’s largest bank after six years of losses. 

Millennium bcp teaser

From despair to dividends: how Portugal's banks brought good news to Europe

June 3, 2019

After a tough few years, the banking sector in Portugal is back on track, paying dividends on profits, and gathering steam for future growth. 

Porto teaser

Portugal’s economy moves from neutral to first gear

June 3, 2019

Portugal’s economy has successfully turned a corner, surpassing its potential growth rate. However, economic imbalances persist. 

Pedro Siza Vieira teaser

Portugal's economy minster upbeat as banks cut NPLs

June 3, 2019

Portugal’s economy has recovered and the banking system is stronger, the country’s economy minister Pedro Siza Vieira tells Brian Caplen. 

Banco Santander Totta teaser

Portugal’s banks prepare for next wave of challenges

May 1, 2018

Having emerged from bailout and recession, Portugal's banks are gearing up to contend with digitalisation, further regulation and tougher competition in a still-crowded market. Most of them are relying on decent levels of growth, capitalisation and provision for bad loans to see them through, as Peter Wise reports. 

Carlos da Silva Costa teaser

Portugal CBG looks to tackle NPL and fintech conundrums

May 1, 2018

Carlos da Silva Costa, Portugal’s central bank governor, talks to Peter Wise about the country’s priorities, which include further reduction of bad loans and improving profitability, while tackling forthcoming challenges such as an ageing population.

Port Costa teaser

Portugal's coalition shows alternative to austerity

May 1, 2018

Portugal’s left-wing government has not only surprised observers with its stability and popularity, the coalition some called a geringonça, or contraption, has overseen the country’s move from bailout recipient to credit rating star. But, as Peter Wise reports, there is still work to be done.

Mario Centeno teaser

Finance minister sees Portugal's efforts rewarded

May 1, 2018

Portugal's finance minister, Mário Centeno, believes his election as president of the EU’s Eurogroup reflects the country’s efforts to achieve economic recovery, and proves anti-austerity policies can be compatible with EU fiscal rules. Peter Wise reports.

Lisbon teaser

Portugal's economy defies the odds and the critics

April 3, 2017

The left-wing coalition government of Portuguese prime minister António Costa has silenced critics with what has so far been an effective financial policy. Now it must convince the ratings agencies and Portugal’s international creditors. Peter Wise reports.

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