Portugal Opposes Further Increase in Spanish Banks' Presence

Portugal's government said Spanish banks shouldn't further increase their presence in the Portuguese market.
Spanish lenders now represent about a third of Portugal's banking market, Finance Minister Joaquim Miranda Sarmento said in an interview with television channel RTP3 on Wednesday night. 'I think that value shouldn't increase, due to a matter of concentration and of dependency.'

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OLX Group Reports Strong FY 2025 Results With 18% Revenue Growth and 61% Profit Uplift Year-on-Year

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For more information on OLX, visit For more on Prosus, its companies and investments, visit 1 April 2024 to March 20252 Includes financial results from OLX Autos business which was carved out but included in our continuous operations due to IFRS requirement3 Adjusted EBIT = represents operating profit/loss from continuing operations adjusted to include lease interest paid and exclude the amortisation of intangible assets, retention option expenses and other losses/gains linked to business combinations and acquisitions, due diligence and legal fees, fair-value adjustments of financial instruments and/or impairment losses. View source version on Contacts Media Contact:Ana Garcia | media@ FGS Global | olx_eu@ Sign in to access your portfolio

Bloomberg

4 hours ago

• Bloomberg

Spain Wins Exemption From NATO's 5% Defense Spending Goal

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Washington Post

14 hours ago

• Washington Post

Spain reaches deal with NATO ahead of summit to be excluded from 5% defense spending goal

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