Portugal repurchases US$268 million debt

ECO News,

With this operation, the IGCP, led by Cristina Casalinho, lowered the outstanding balance of this issue in dollars made in 2014 to around US$3.1 billion.


Portugal had third highest gas prices in EU H1 2021

Lusa,

In the EU, electricity prices increased from €21.3 per 100kWh in the first half of 2020 to €21.9/100kWh in the first six months of the year.


Andalusia wants high-speed Seville-Faro train link

Lusa,

According to the regional official, both the Andalusian and the Portuguese governments "have expressed interest" in continuing the Madrid-Seville high-speed rail link to Faro via Huelva.


Sonae’s fintech enters the merchant acquiring business

ECO News,

In an initial three-year agreement, Easypay will provide Universo IME with automatic terminals that allow payments through MBWay and ATM references, aimed at SMEs.




Switzerland sought Pinto’s help to investigate Infantino

ECO News,

In an email sent in late 2018, prosecutor Damian K. Graf asked the Portuguese hacker for potentially incriminating information about the FIFA president.


Galp to invest in Brazil’s renewable energy sector

ECO News, Lusa,

With this portfolio expansion, Galp's total gross renewable generation capacity increases to c.4.7 GW spread through Portugal, Spain and now Brazil.


Portugal to adopt energy price alleviation measures

Lusa,

Portugal is one of six EU member states that have put forward support measures to address the energy crisis after guidance from the European Commission to curb rising prices


EU funds to support migration policies are increased by 168M

ECO News,

Migration policies, borders, visas and police cooperation are the three areas of the Internal Administration with an increased allocation of €168.3 million in the new Multiannual Financial Framework.




Mota-Engil interested in managing Lobito corridor

Lusa,

According to the communications office of the Port of Lobito, the competitors so far are Mota-Engil, Chinese companies CITIC and CR20, Swiss company Trafigura and DP World.


Portugal to repurchase debt in dollars

ECO News,

Three months ago, the IGCP repaid US€1.1 billion in advance. Now it wants to repurchase new debt issued in US currency.



Wine exports to August up better-than-expected 13% YoY

Lusa,

"Total exports were €581 million, 13% more than last year," the president of ViniPortugal, Frederico Falcão, announced this Tuesday.


Corporations’ return on assets increases to 6.5% in Q2

ECO News,

Bank of Portugal shows a reversal in the downward trend, driven by the manufacturing sector, but national companies are still less profitable than before the pandemic.


Portuguese airports handle 3.9M passengers in August

ECO News,

National airports welcomed 3.9 million passengers in August, up 76% compared to last year. Still, the figures remain below the pre-pandemic level.



Portugal leads euro zone in construction output in August

Lusa,

According to Eurostat, Portugal recorded the largest month-on-month increase in construction output among EU member states in August, at 2.4%.



Fuel consumption recovers in September, grows 10.46% YoY

Lusa,

According to the National Energy Sector Authority (ENSE), fuel consumption rose 10.46% in September, in a "context of progressive normalisation" of the country and the economy.