TdP launches a health platform for UK tourist

ECO News,

The platform "Portugal Health Passport" allow tourists to access urgent healthcare for a fixed price in different health units of Hospital da Luz, Lusíadas and CUF.

2 Banks and 1 Fund compete for Caixa in Brazil

ECO News,

This Thursday, it has been given another important step in the process of selling Caixa Geral de Depósitos (CGD) in Brazil.

MásMovil buys Nowo and Oni

ECO News,

The Spanish MásMovil together with the Spanish investment fund Gaea acquired the owner of both Nowo and Oni.

More fruit and more wine: agriculture to shine in 2019

ECO News,

Agricultural production has not been this good for years. From wine to dried fruits, from apples to peaches and tomatoes, the forecast for agriculture points for an increased production this year.

5 estates to rehabilitate for less than 40K€ in Alentejo

ECO News,

Stressing lives in big cities usually many people to look for some quieter and more peaceful alternatives in the countryside. Alentejo is definitely the hotspot for some bargains in this segment.

Portugal’s growth surpasses EU average

ECO News,

The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, growing above the EU average.

Analysts remain optimist as BCP loses 10% in value

ECO News,

While BCP's shares are being negotiated at around 20 cents/each as the bank is accumulating significant losses, analysts predict it will go up to 30 cents.

Lisbon Airport has fuel for 4 days and Faro’s for 3.

ECO News,

"At the moment, both Lisbon and Faro Airports are fully stocked with fuel", the President of the National Authority for the Energetic Sector (ENSE) assured.

Portugal on the edge of an energetic crisis

Bernardo da Mata,

In Portugal, the fresh memories of the last hazmat drivers' strike on the 15th of April still haunt the Portuguese hearts and minds.

Average salary reaches 911 euros in 2nd trimester

ECO News,

The average net monthly income of Portuguese dependent workers reached 911 euros in the second trimester of the year, according to the National Institute of Statistics.

Ryanair to close Faro’s base in January 2020

ECO News,

Ryanair has informed this Tuesday that will close its operational base in Faro's Airport in January 2020, laying off about 100 employees, despite maintaining the flight connections there.

Portugal’s most expensive hotel?

ECO News,

Staying in a hotel in Lisbon would cost you 95€ per night last year, according to the Portuguese Association for Hospitality.

Novo Banco closes deal on real estate assets for 800M€

ECO News,

Novo Banco (NB) closed a deal to alienate two assets portfolio. Both operations were evaluated in 800M€ as they involved Waterfall Asset Management and Cerberus.

Public debt falls to 246.9M€ in June

ECO News,

Public debt dropped by 5.6Bn€ in June, after the payment of 8.1Bn€ in general obligation bonds during that month as reported by the Bank of Portugal.

Novo Banco doubles losses to 400M€

ECO News,

Novo Banco (NB) ended this first semester with losses of 400,1M€, almost the double when compared with the same period of 2018.

CGD’s profit increased by 45% to 282.5M€

ECO News,

Caixa Geral de Depósitos (CGD), the Portuguese State's bank, registered profits of 282.5M€ in the first semester of 2019, which represents an increase of 45.6% relative to the same period of last year