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Jeronimo Martins' 2023 sales hit record over 30 billion euros

Portuguese retailer Jeronimo Martins on Thursday posted a 21% jump in full-year sales, driven by a robust increase at its market-leading Polish chain, Biedronka..

Portugal delaying fight against graft, watchdog says, amid new concerns

Portugal has been slow to implement new measures to combat corruption in government and law enforcement, a top European anti-graft monitoring body said on Wednesday, amid new concerns about the transparency of government-backed business deals. The report by the Group of States against Corruption (GRECO), part Europe's main rights watchdog, the Council of Europe, is the result of its fifth round of evaluation of Portugal launched in 2017. Prime Minister Antonio Costa resigned in November over an investigation into alleged illegalities in his administration's handling of several large investment projects and the country faces a snap general election on March 10.

Portugal's 12-month inflation falls to 1.4% in December

Portugal's November inflation slows down to 1.6% yr/yr

Hundreds of Portuguese police raid farms in human trafficking crackdown

Hundreds of police raided farms in Portugal s southern Alentejo region on Tuesday, arresting 28 people suspected of human trafficking and labour exploitation, police said. . -November 21, 2023 at 07:45 am EST - MarketScreener