All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Novo Banco gives one year to real estate developer Pedro Silveira's company to pay €35 million debt
BusinessLisboa

Novo Banco gives one year to real estate developer Pedro Silveira's company to pay €35 million debt

Expresso3 September 2026 at 07:00

Novo Banco granted a one-year deadline to the company Alrio SA to settle a debt of 35 million euros. This decision comes within the framework of a process related to the real estate sector in Portugal.

Alrio SA belongs to businessman Pedro Silveira, who is a real estate developer. The company is responsible for the development of the Rivart project, located in Lisbon.

The amount owed to Novo Banco amounts to 35 million euros, a significant sum in the context of the Portuguese real estate market. The one-year deadline now established determines when the company must proceed with the full payment of this debt.

Related articles

Greve nos bares dos comboios da CP mantém adesão de 95%Photo by André Eusébio on Pexels
Business

Strike at CP train bars maintains 95% adherence

The strike at the bars on CP's Alfa Pendular and Intercidades lines, operated by the concessionaire Itau, maintained a 95% adherence according to the union. Workers demand the fulfillment of the company agreement and call for Government intervention to resolve the labor conflict affecting on-board restaurant services.

Observador03/09/26, 22:47
980 euros: o reembolso médio de IRS em 2026Photo by Jakub Zerdzicki on Pexels
Business

980 euros: the average tax refund in 2026

The Tax Authority has already refunded almost all of the 2.66 million taxpayers entitled to IRS refunds, with an average amount of 980 euros for 2026. The number of declarations with refunds increased by 3.5% and the total amount grew by 8.6% compared to the previous campaign, reflecting an economic recovery and adjustments to tax legislation.

Observador03/09/26, 22:46
Governo diz ter recebido veto à carne brasileira pela UE com 'indignação' e ameaça adotar 'medidas de reciprocidade'Photo by Mick De Paola on Pexels
Business

Government says it received EU veto on Brazilian meat with 'indignation' and threatens to adopt 'reciprocity measures'

The Brazilian government expressed indignation after the European Union suspended imports of beef and poultry from Brazil, threatening to adopt "reciprocity measures" provided for in national legislation and in the trade agreements between Mercosur and the European bloc. In a joint statement, the Ministries of Agriculture and Foreign Affairs said they would use available legal instruments to ensure balanced trade conditions, after Brazil was rejected by the European Commission for failing to present sufficient guarantees regarding compliance with European sanitary standards.

oglobo03/09/26, 22:41
Bruxelas afasta risco imediato no abastecimento de gásPhoto by Diogo Digital Art on Pexels
Business

Brussels rules out immediate risk to gas supply

The European Commission announced there is no immediate risk of gas supply disruption in the EU, although storage levels stand at 65.85%, below the mandatory target of 90% by December. Portugal stands out positively with reserves of 93.08%, exceeding the set target. The storage target was set within the REPowerEU plan to strengthen European energy security.

Observador03/09/26, 22:33