Government, Google sign MoU to foster digital transition
The government and Google Portugal signed a memorandum of understanding aimed at fostering economic recovery and accelerating the country's digital transition.
688 new cases and six more 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 688 new cases.
Political crisis over budget negotiations would be ‘insane’
António Costa has said that it would be "insane" if Portugal were to enter a political crisis in the current international climate.
Isabel dos Santos impugns Efacec’s nationalization
As "expropriated", Isabel dos Santos presented on September 25, at the Supreme Administrative Court, an action challenging the government's decision to nationalize Efacec.
TAP announces €582M loss for H1
TAP lost 582 million euros in the first half of the year, a period significantly marked by the impact of the pandemic.
New Lisbon airport “fundamental for country” – Miguel Maya
Miguel Maya, president of BCP, said that the new Lisbon airport is "fundamental for the country."
425 new cases and four more 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 425 new cases.
Banks prepare to downsize worker numbers, branch closures
Portuguese banks are preparing a new reduction in structures as a measure to cope with the current pandemic.
Government wants to build two new bridges to Spain
The Portuguese government wants to take advantage of the Recovery and Resilience Fund (PRR) to build two new bridges linking the Portuguese border to Spain.
Commission president praises the Portuguese EU presidency
Ursula von der Leyen expects to see "good results" from working together with the Portuguese presidency of the European Council.
899 new cases and five more 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 899 new cases.
Opinion New Challenges for Tourism – Shaping a new Reality
Tourism is one of the most strategic and priority sectors of the Portuguese economy nowadays, with the Algarve being its maximum exponent.
Novo Banco wants to sell €1.2B in bad loans this year
CEO António Ramalho said that Novo Banco wants to sell €1.2 billion in bad loans by the end of 2020.
691 new cases and three more 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 691 new cases.
Azores promises EU ‘all information’ about regional airline
The regional government said on Thursday that "all information" will be given to the European Commission about the doubts raised regarding airline SATA
Portugal extends state of contingency until October 14
The Council of Ministers extended until 23:59 on 14 October 14 the contingency situation throughout the country.
Football stadiums remain closed to fans due to Covid-19
The Deputy Secretary of State and Health said that football matches will continue to be played behind closed doors, due to the daily increase in coronavirus cases in the country.
Portugal and the Netherlands seal green hydrogen alliance
The two countries finally formalised the agreement to develop an "export-import strategic value chain, ensuring the production and transport of green hydrogen."
802 new cases and three more deaths by Covid-19 in Portugal
The number of coronavirus infections in the country has increased to 70,465.
Portuguese debt to reach 133.8% of GDP in 2020
The projection released this Wednesday by the National Statistics Institute (INE) is below the estimate that the government included in the Supplementary Budget: 134.4% of GDP.
Government expects 7.0% deficit this year
Portugal forecasts a deficit of 7.0% for 2020, according to the report to Brussels released this Wednesday, above the 6.3% indicated in the Supplementary Budget, but in line with João Leão' revision.
Portugal with a deficit of 5.4% in H1 due to the pandemic
INE released this Wednesday the budget balance for the first half of this year. The government expects the deficit to exceed 7% of GDP this year because of the coronavirus.
Jobless numbers increase 39% in August
According to monthly Social Security statistic, the number of job seekers with unemployment benefits in Portugal rose by 39% in August to 224,568.
CaixaBank to be quizzed on alleged irregularities in BPI
The complaint started to be investigated almost two years ago, in 2018 and is looking into alleged administrative offences, market position abuse and unfair administration in BPI purchase.