Contributed By Pérez-Llorca
In general, a successful party may collect legal interest based on the period before judgment is entered. Additionally, from the day of the judgment the party may claim two percentage points over the legal interest rate until the date the compensation is paid.
Moreover, Act nº 3/2004 foresees a specific interest of eight percentage points over the legal interest rate in order to discourage late payment in commercial transactions.
There are no statutory limits on the awarding of interest.