US ‘confident’ telcos will in long term use ‘reli

Lusa,

"Telecom operators in Portugal will only implement reliable technology," says the Deputy Assistant Secretary of the State Department for Cyber Communication.

Portugal’s PM opposes EU budget proposal

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António Costa said the government was not happy with the proposal put forward on Friday by the Council’s president for a multi-annual EU budget for 2021-2027.

Portugal admits to subsidising health care for Britons

ECO News,

The idea under consideration by the Government is for British tourists to pay the same as Portuguese for health care after Brexit.

Galp’s profit drops 47% to 389 million

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The company points to a "challenging" refining context to explain the drop in net results.

TAP banned from flying to Venezuela for 90 days

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The Venezuelan government announced the suspension for 90 days of TAP’s operations to the country, "for security reasons" following accusations of transporting explosives on a flight from Lisbon.

Centeno confirms he is not leaving the Eurogroup

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Mario Centeno guaranteed that he's not leaving the leadership of Eurogroup. In January 2018, Centeno began a two-and-a-half-year term at the head of the informal forum of eurozone ministers.

Mota-Engil wins two projects in Latin America

ECO News,

The company will build a dam in Colombia, in a project valued at 270 million euros, as well as a 24 km section of a road in Mexico, in an investment of 45 million euros.

UE multi-annual budget ‘not a good sign’ – Carlos Moedas

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Carlos Moedas, who was at the European Commission between 2014 and 2019, has said that the European Council's new proposal for the European Union's multiannual budget is "not a good sign."

EDP, Galp and REN are part of the hydrogen project in Sines

ECO News,

Mexia has already assured that EDP is interested, the Environment Minister confirmed Galp's participation and the Dutch promoter speaks of REN's involvement as the gas network operator.

Report Is Portugal the new oasis for foreign investors?

Luís Alexandre,

From the automotive industry to technology, Portugal has managed in recent years to attract foreign investors interested in spending in a wide variety of sectors.

GDP slowed to 2% in 2019 but grew more than expected

ECO News,

The Portuguese economy grew 2% in 2019, INE revealed this Friday. This increase represents a slowdown compared to the previous year, putting it at a rate equal to that observed in 2016.

Moody’s praise Portugal’s surplus in 2020

ECO News,

Moody's congratulated the country on the "good work" it did in reducing public debt. However, the agency left some warnings.

Brussels maintains forecasts for Portugal

ECO News,

The most current forecasts for Portugal indicate that GDP may have grown above the government's forecast in 2019. Good news can be confirmed tomorrow by INE.

US interested in LNG imports through port of Sines

Lusa,

The Secretary of Energy of the USA said there is American interest in the Port of Sines (PSA) and also in Portugal.

EC takes Portugal to court over car import tax

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This is because used cars imported from the other Member States are still subject to higher taxes than those applied to 'used' cars purchased on the Portuguese market.