Latest news and stories about investment in Sintra, Lisboa, Portugal for expats and residents.
Economist Ricardo Reis predicts that inflation will peak between 3% and 3.5% following his participation in the ECB Forum in Sintra.
ECB President Christine Lagarde defends recent interest rate hikes as a necessary response to rising inflation, while global economic experts gather in Sintra to discuss monetary policy challenges.
ECB forum concludes with a debate between the four leaders of the world's largest central banks. Independence was once again a key topic.
Kevin Warsh, the new chair of the US Federal Reserve, asserted the institution's independence during the ECB Forum in Sintra, Portugal, dismissing pressure from Donald Trump to cut interest rates. Warsh emphasized that the Fed remains committed to price stability and an inflation target of 2%, despite Trump's previous criticism of his predecessor, Jerome Powell. Meanwhile, ECB President Christine Lagarde concluded the forum with a lighthearted remark about an AI-generated speech, while discussions throughout the event highlighted the potential economic impacts of artificial intelligence and the role of immigrants in boosting investment and productivity.
On the sidelines of the European Central Bank's (ECB) annual forum in Sintra, several members of the ECB's governing council revealed that the decision regarding interest rates for the single currency remains undecided between a hike and a pause. Joachim Nagel, president of the German Bundesbank, was the most direct in ruling out...
With Christine Lagarde present in the front row of the audience, the European Central Bank Forum in Sintra was stirred this Tuesday by the headaches that Artificial Intelligence is causing for economists and central bankers.
The drop in oil prices has encouraged some of those present at the European Central Bank (ECB) Forum, which is taking place in Sintra until Wednesday. However, the optimism is cautious, with warnings that energy costs will remain high and that the energy shock will continue to impact the economy. Oil prices...
The euro rose again today to the 1.14 dollar level, at a time when uncertainties remain in the Middle East and several central banks are meeting in Sintra.
European Central Bank President Christine Lagarde defended the recent interest rate hike to 2.25% at the ECB Forum in Sintra, noting that while Europe is showing resilience to economic shocks, the durability of the US-Iran agreement remains uncertain, leaving future monetary policy decisions open.
In her opening speech at the ECB Forum in Sintra, Christine Lagarde guarantees that the European economy is more resilient to shocks and, therefore, any “adjustments” to interest rates will be “measured”.
This Monday, the global financial elite gathers in the Sintra mountains. For three days, Christine Lagarde, the newly arrived head of the US Federal Reserve (Fed), Kevin Warsh, and the remaining cardinals of monetary policy will debate artificial intelligence, global trade, and the future of Europe with the solemnity of those who guard the great...
This forum is an annual event organised by the ECB and held in Sintra, Portugal, which brings together central bank governors, academics, and financial market representatives.
This Monday marks the start of the annual European Central Bank Forum in Sintra. The INE will measure consumer confidence, and the OECD will present the results of a survey on the factors determining trust in public institutions for 2026. Also highlighting the day are the data from the Banco de Portugal regarding...
For 12 years, Sintra has transformed at the end of June into a kind of informal capital for global monetary policy. This Monday, the European Central Bank (ECB) opens the 13th edition of its annual Forum, which runs until Wednesday and brings together key central bank decision-makers, economists, and academics around a theme...
The sale of the Penha Longa Resort in Sintra, one of the most iconic luxury hotel assets in Portugal, has been concluded with legal advice from law firms Linklaters, Pérez-Llorca, and Uría Menéndez. The operation involved the acquisition of the asset by L Catterton Real Estate, an investment vehicle backed by the French group LVMH, in partnership...
More than 80% of Sicasal's creditors voted today in favour of the insolvency plan, which provides for the sale of the company to Portral for 11.5 million euros and a 76.2% 'haircut' on the debt of ordinary creditors.
The European Central Bank's annual forum in Sintra, Portugal, will focus on the theme 'Shaping Europe's future: innovation, growth and stability'. The three-day event will feature debates on artificial intelligence, the economic impact of immigration, and the challenges of digital currencies, alongside a panel discussion with central bank leaders.
The luxury resort was sold to the owners of the French brand Louis Vuitton in March of this year, but the contract with the European Central Bank remains unchanged.
Law firms Linklaters, Pérez-Llorca and Uría Menéndez advised on the sale of the luxury Penha Longa resort in Sintra to L Catterton, an investment vehicle backed by the French luxury group LVMH, which owns brands such as Louis Vuitton and Christian Dior, in partnership with Cedar Capital Partners.
The Penha Longa Resort in Sintra has been sold to the investment fund L Catterton, which is supported by the owners of Louis Vuitton. The purchase, for an undisclosed sum, The post Iconic Penha Longa Resort in Sintra sold to L Catterton appeared first on Portugal Resident.
The Penha Longa luxury resort in Sintra has been sold to L Catterton, an investment vehicle backed by the French luxury group LVMH, which owns brands such as Louis Vuitton and Christian Dior, in partnership with Cedar Capital Partners. The value of the deal for the asset was not disclosed.
Lusíadas Saúde is set to open a new hospital in Quinta da Beloura, Sintra. The private healthcare group expects to inaugurate the Lusíadas Beloura Hospital within the first half of this year, representing a total investment of 30 million euros and the creation of approximately 500 jobs. The new hospital unit is part of...
Lusíadas Saúde announced this Wednesday, March 25, the opening of the Lusíadas Beloura Hospital in Sintra. This 30-million-euro investment is part of the group's expansion plan in the Greater Lisbon area. The facility, scheduled to open in the first half of the year, aims to serve approximately one million residents in the municipalities of Sintra, Cascais, and Oeiras. Spanning 9,500 m² across four floors, the hospital will feature 27 inpatient beds, 41 consultation rooms, 18 examination rooms, two operating theatres, and one minor surgery room. The estimated capacity will allow for over 100,000 consultations and approximately 4,000 surgeries per year. The new space will also provide walk-in services, diagnostic services, and a dental clinic with three offices, the company stated. The creation of approximately 500 jobs is the primary expected direct impact on the local economy, strengthening private healthcare provision in the Lisbon Metropolitan Area. The unit will include an Integrated Health Centre focused on prevention and continuity of care, and will complement home care services through the Hug Lusíadas Home Care brand. Regarding the project, Vasco Antunes Pereira, CEO of Lusíadas Saúde, stated that the group is reinforcing its commitment to the Greater Lisbon region by bringing more proximity, quality, and innovation to healthcare. The new hospital will operate in coordination with the group's other units in the region, specifically the Lusíadas network hospitals and clinics in Greater Lisbon. The new Sintra Hospital will be inaugurated on Monday and will open its basic emergency department on Saturday.
The climate chamber manufacturer Aralab, based in Sintra, has purchased the Indian company Newtronic, which specialises in testing equipment for pharmaceutical, biotechnological, and cosmetic products, in partnership with the German firm Memmert. The Portuguese-German deal, which involves the acquisition of a 51% stake in Newtronic, marks the entry of the Portuguese industrial company into the Indian market.
The Yael Foundation – focused on providing accessible, high-quality educational opportunities to Jewish children throughout the world – has purchased the former Impalagest building on the busy 1C19 in Ranholas, The post Jewish foundation to open new college in Sintra appeared first on Portugal Resident.
Cyprus-based organisation aims to expand in Portugal: it has purchased the former headquarters of the Impala group to renovate the building. It is already present in Cascais.
CTT has inaugurated a new operational centre in Rio de Mouro, in the municipality of Sintra, representing an investment of approximately two million euros and the creation of 350 direct and indirect jobs, the company announced this Monday, the 9th. The new unit supports the preparation of up to 300 distribution routes and processes up to 6,000 objects per hour, equivalent to around 126,000 items daily. The infrastructure is intended to serve nearly 900,000 residents in the area, according to CTT. João Bento, the administrator of CTT, highlights that “this investment allows us to respond with greater efficiency and quality to the needs of our customers, clearly demonstrating our ongoing commitment to the modernisation and innovation of operations”. This is the second opening of an automated operational centre in Portugal in the last year — following the launch of the Algoz centre in July — while in Spain, centres have been put into operation in Malaga, Murcia, and Valencia. Currently, the network on the Iberian Peninsula includes 75 operational centres, 31 of which are fully automated and 17 with coverage for both Portugal and Spain. CTT begins a programme to repurchase up to 5.5 million shares.
The Carlyle Group, a US private equity fund, is close to finalising the sale of the Penha Longa Resort, one of Sintra's most emblematic luxury resorts, Bloomberg reports. According to the agency, Carlyle is in negotiations with L Catterton, an investment vehicle backed by the French luxury group LVMH, which ...
