Portugal has made progress but “there’s still a lot to do”

ECO News,

In Lisbon, the former president of the ECB praised the progress of the Portuguese economy and even spoke of growth above the euro average, but warned that there is still much to do.

Lisbon falls for the third consecutive session

ECO News,

On a day of greater optimism due to a trade agreement between the USA and China, the Lisbon Stock Exchange counteracted Europe's trend.

Galp announces tenth floating oil production unit in Brazil

Lusa,

Galp Energia, a partner in the BM-S-11A consortium through Petrogral Brasil, said that the new production unit will develop the pre-salt region of the Santos Basin.

Tourism revenues for overnight stays reach €3B in 2018

Lusa,

Portugal continues to beat tourism records and exceeded 66 million overnight stays in 2018, an increase of 9 million compared to the previous year.

Portugal proposes minimum wage increase in 2020

ECO News,

The Government proposed in the social concertation that the minimum wage be set at 635 euros as of January 1.

Property market decreasing? 2019 is about to surpass 2018

ECO News,

A study by Cushman & Wakefield concluded that 2019 could equal or even surpass the good time that was experienced in the housing market last year.

Portugal has been stabilizing for five months – OECD

ECO News,

According to OECD, Portugal maintains the stabilization trend that began in April. United States, Germany and now also the United Kingdom should continue to slow down.

CTT falls more than 3% on the Lisbon Stock Exchange

ECO News,

The Lisbon square closed in red on a mixed day for the other European squares. In Lisbon, BCP's performance weighed heavily, but the CTT fell by more than 3%.

Spain’s risk compared to Portugal worsens

ECO News,

Spain's risk is worsening vis-à-vis Portugal, with investors' perceptions of the country being negatively affected by Sunday's election results.

Interview “Portuguese companies can overcome any obstacle”

Luís Alexandre,

Interviewed by ECO News, Pedro Magalhães, from the Portuguese Chamber of Commerce and Industry, talked about the dangers of Brexit and the globalization of Portuguese entrepreneurs

Revolut wants “one million users in Portugal”

Luís Alexandre,

Nikolay Storonsky, CEO of Revolut, expects to have more than 500 employees in his new office in Matosinhos and also believes that he could have a million users in Portugal in the near future.

Imports grew five times more than exports in Q3

ECO News,

The National Statistics Institute (INE) revealed data on the balance of goods. The Government forecasts that the total sales to abroad will rise by 2.9% this year, below the 5.4% of purchases abroad.

BCP with profits of 270 million through September

ECO News,

Bank reached September with profits of 270.3 million euros, 5% more than a year ago. It is the best result in 12 years, according to BCP.

Now you can open a company in Portugal in 30 minutes

ECO News,

With the new 'Company IN' platform, it is possible to establish a company in Portuguese territory in just 30 minutes. A project that has received positive feedback in this edition of the Web Summit.