Imports increase more than exports

ECO News,

The trade balance deficit increased again in July of 2017, surpassing one billion euros. In the first semester of this year, the trade deficit ascends to 6.3 billion euros.

Spanish NB creditor also criticizes the low offer

ECO News,

"The tenders are to encourage investors to attend and prices should be higher than secondary levels previous to the tender", criticized Ever Capital, which invested five million euros in Novo Banco.

ECB increases its purchases in Portugal

ECO News,

In the end of July, the European Central Bank held 28.6 billion euros in debt securities from the Portuguese Government. During that month, the monetary authority acquired 517 million euros in debt.

The Australian enter the Portuguese banking

ECO News,

Pepper Group wants to make the most of Portugal's economic recovery and car loans' improvement. The CEO of the Australian group who purchased Banco Primus told ECO he wants to start taking deposits.