IGCP with negative interest rates on 3 and 11-month bonds
Portugal returned to the debt market this Wednesday for a double issue of three and 11-month Treasury Bills, in which it obtained more negative interest rates.
Sea industries want €5B investment by 2030
The CIP Strategic Council for the Economy of the Sea announced in a statement that the sea industries want to invest 5 billion euros in Portugal by 2030.
Costa welcomes 2050 carbon neutrality agreement
The Portuguese presidency of the Council of the EU and the European Parliament today reached a provisional political agreement to legislate on the European Union's climate neutrality target for 2050.
Opinion “Swéete April showers, Doo spring Maie flowers”
As Tusser beautifully wrote, “Swéete April showers, Doo spring Maie flowers.” This observation is indeed an apt analogy of what happened in Portugal in the years after 25 April 1974.
Portugal’s economic indicators improve comparing to 2020
The country's economic indicators registered year-on-year growth in March, which is mainly explained by the effect of last year's very low base.
Lisbon: 10th most attractive city for property investment
According to the EMEA Investor Intentions Survey 2021 report, Lisbon ranks 10th among the most attractive European cities for property investment in 2021.
Airports record 265,600 passengers in February, down 93% YoY
After a 79.3% drop posted in January, the airports in Portugal registered 265,600 passengers in February, representing a year-on-year drop of 92.9%.
Miguel Pereira Leite replaces Catroga on the EDP board
The Portuguese subsidiary of China Three Gorges has chosen lawyer Miguel Pereira Leite to replace former Finance Minister Eduardo Catroga on EDP's General and Supervisory Board.
Air traffic 68% down in Q1
National airports recorded just over 50,000 flights in the first quarter of the year, equivalent to a 68% drop.
Portugal lifts quarantine rule for UK passengers
Passengers coming from Brazil, South Africa, and eleven European countries, including France and the Netherlands, are subject to a 14-days quarantine.
Government injects almost €1B in TAP this year
According to the Stability Programme revealed this Friday, the Portuguese government plans to inject €970 million into TAP this year.
EU ‘bazooka’ will inject five billion into companies
The Portuguese government has decided to give more money to companies in the Recovery and Resilience Plan (RRP).
Novo Banco’s largest debtors to be heard late April
Among the major debtors of Novo Banco are Martifer, construction company José Guilherme, businessman José Berardo and Promovalor, led by Benfica president Luís Filipe Vieira.
Opinion Miranda, State and EDP – Local costs and private benefits
The State chose to be a sponsor of national territorial inconsistency, when it claims, and very well, territorial cohesion among countries in the European Union (EU).
Lockdown easing: What will change on April 19?
Portugal takes another step in the lockdown easing plan this Monday. From restaurants to cafes to schools, find out what activities will be back next week.
Mota-Engil to build São Vicente cruise ship terminal
A consortium comprising Mota-Engil and Empreitel Figueiredo will build the Mindelo Cruise Terminal on the island of São Vicente, Cape Verde.
501 new cases and two deaths by Covid-19 in Portugal
The number of people infected with coronavirus continues to increase and, in the last 24 hours, there have been 501 new cases.
Over 100 Portuguese startups in North American Web Summit
The Portuguese startups join over 40,000 founders, investors, media, and stars from more than 100 countries.
João Leão sees country’s deficit below 3% in 2023
Portugal's finance minister expects the budget deficit to be below 3% of GDP in 2023.
Government cuts GDP growth to 4% in 2021
The third wave of the Covid-19 pandemic has forced the government to revise downwards the growth forecast for Portugal this year.
New phase of lockdown easing boosts Portugal’s economy
The new phase of lockdown easing helped the Portuguese economy, confirms the Bank of Portugal's daily indicator of economic activity.
President decrees 15th state of emergency in country
After decreeing the 15th state of emergency, Portugal's President, Marcelo Rebelo de Sousa, said that "2021 will have to be the year of the beginning of sustained and fair social reconstruction."
660 new cases and eight deaths by Covid-19 in Portugal
The number of people infected with coronavirus continues to increase and, in the last 24 hours, there have been 660 new cases.
State took investments out of the “freezer” to face crisis
António Costa, Portugal's prime minister, said that the government took investments out of the "freezer" in a speech in which he defended resilience and patience in politics.