Portugal has Europe’s most attractive dividends

ECO News,

Dividends and more dividends... it is that time of the year when all investor can think about is dividends. This year, companies will be more generous towards shareholders. Portugal stands out.

CFP validates PM’s expectation for the deficit

ECO News,

Based on data until September of 2017, CFP (Portuguese Public Finance Council) points to a deficit below 1.4%, and highlights the Government has never had such a high primary surplus.

Galp Energia is on the run for Mexican oil

ECO News,

The oil company is pre-qualified to go to the auction of several oil blocks in the Gulf of Mexico. Carlos Gomes da Silva is studying partners to enter the contest this month, ECO knows.

Tourism: number of guests increases in November

ECO News,

The touristic activity continued its good pace in the end of last year. Data from INE shows the number of guests and overnight stays are accelerating, but companies' gains have reduced their growth.

Automobile sector is worth 6% of the Portuguese GDP

ECO News,

The Automobile Cluster Association wants a fifth producer working in Portugal until 2020. A study by Deloitte shows the sector is worth 11 billion euros, around 6% of the country's wealth.

Portuguese banks pass ECB’s solidity test

ECO News,

CGD, BCP, BPI, Santander Totta and Montepio revealed the results of their solidity test. All of them passed ECB's exam. Novo Banco was left out of the assessment for being a transition bank.

Fernando Pinto is leaving TAP

ECO News,

Fernando Pinto is leaving the executive presidency of TAP in the end of this month. He was a part of the company for 17 years. Antonoaldo Neves will be his successor.

Unemployment falls to 8.4% in October

ECO News,

The unemployment rate has once again exceeded expectations and registered a new fall, to 8.4%. One would need to go back to February of 2005 to find the same percentage.