Antonio Costa travel tips

Aviation investors will have to wait a little bit longer to get a piece of TAP Air Portugal. The carrier’s long-awaited privatization is delayed up to a year following the recent sudden resignation of Portugal’s prime minister.

"I fully understand the Italian Prime Minister's vote, which has been explained publicly. I will work closely with Giorgia Meloni, as I will with the other 26 EU leaders," António Costa told journalists on Friday at the headquarters of the Party of European Socialists in Brussels.

Europe has a reputation for high taxes… but this isn’t always fair. In fact, there are many low-tax and even-no tax schemes in place in various countries, which investors, businesses, retirees, and even remote workers can take advantage of.

European parliamentary group Progressive Alliance of Socialists and Democrats has stressed the need to regulate short-term rental booking platforms, such as Airbnb and Booking.com, to make housing more affordable. The European Parliament’s committee on internal market and consumer protection has given the go-ahead to do so.

Portugal’s move to end its “Golden Visa” program and curtail new short-term rental licenses will not impact the vacation rental market in the country — not in the short-term anyway. 

Good morning from Skift. It’s Thursday, March 2. Here’s what you need to know about the business of travel today.

Editors note: This post has been updated with new information.