Fnac is going to carry Kobo eReaders on fnac.pt as well as in all 17 of Fnac's stores in Portugal. In fact, you can already find the Kobo Touch listed on the website right now, . While there's no news yet on when Fnac will get to carry Kobo's newer ereaders, the announcement does mention that Fnac will also be selling Kobo ebooks in Portugal
The selection of 3 million plus ebook titles went live on fnac.pt today, and it includes titles in Portuguese including works from José Saramago, Memorial do Convento and João Ricardo Pedro, O Teu Rosto Será o Último.
Fnac is also Kobo's partner in France, a deal which was signed in October 2011. This retailer operates in quite a few European countries, so it seems likely that we might see this deal expanded to include other nations. Span, for example, would be an excellent next step.
Fnac already has 20 stores there as well as an ebookstore. That was launched last November, and while I don't know how much success they've had I suspect that Fnac's Spanish ebookstore is doing about as well as their ebook operation in France - the one which was replaced with Kobo last October.