Novo Banco: what’s at stake with parliament’s decision

Luís Alexandre,

Portugal's parliament has decided to cancel the transfer of €476 million from the bank Resolution Fund to Novo Banco, and has put the contract between the bank and Lone Star in jeopardize.



EU Presidency wants immediate response to crisis

Lusa,

The Portuguese Presidency of the Council of the European Union wants to prioritize the fight against the Coronavirus pandemic.


Parliament annuls transfer of €476M to Novo Banco

Lusa, ECO News,

The Portuguese parliament has decided to cancel the transfer of €476 million from the bank Resolution Fund to Novo Banco.



Paddy Cosgrave anticipates in-person Web Summit in 2021

ECO News,

Organization anticipates a mixed edition - in-person and virtual - next year. Paddy Cosgrave, CEO and founder of the Web Summit, estimates that attendance could reach 150 thousand people.




Foreign students can now renew residence permits online

Lusa,

The Foreigners and Border Service (SEF) announced on Wednesday that foreign students attending higher education in Portugal can automatically renew their residence permits online.


Mota-Engil wins 240 million contract in South Africa

Luís Alexandre,

The Portuguese company won a 240 million euros contract for "the preparation, excavation and transport in the 'Gamsberg Mine' in the Province of Northern Cape, South Africa."





Lisbon Stock Exchange stops three days in 2021

ECO News,

The Euronext markets "will be open from Monday to Friday throughout 2021", but for a few days there will be exceptions.


PM wants to cooperate with Mozambique in fighting terrorism

Lusa,

Prime minister António Costa told Mozambique's president Portugal's was willing to support the country in its efforts to combat terrorism in the Cabo Delgado region.