Portugal to raise up to 1.25 billion in dual bond auction

ECO News,

Portugal has taken advantage of the more favourable market conditions leveraged by the European Central Bank (ECB) policy to finance itself at low costs.


Champalimaud Foundation is the world’s fourth best in AI

ECO News,

The world's top 10 listed by Nature includes the most prestigious institutions in countries such as Germany, the USA, Netherlands, Spain or the UK.



TAP cannot provide Groundforce cash without guarantees

Lusa,

Portugal's minister of infrastructure and housing announced that TAP can no longer continue to make advances without having guarantees from Groundforce.



830 new cases and 28 deaths by Covid-19 in Portugal

ECO News,

The number of people infected with coronavirus continues to increase and, in the last 24 hours, there have been 830 new cases.


EDP Renováveis. One hour, 100 investors, 1.5 billion

ECO News,

EDPR's capital increase was concluded in less than an hour and attracted more than 100 investors. "The receptivity of investors to the strategic plan was exceptional," Miguel Azevedo told ECO News.


Jerónimo Martins criticises Portugal’s pandemic management

ECO News,

CEO of Jerónimo Martins criticised the way Portugal planned the fight against the pandemic. He compares it with Poland, praising the country's rigorous planning and discipline.


Retail sales in January fall 10.9%, third largest in EU YoY

Lusa,

According to data from the European statistics office, retail sales fell in January in the eurozone and the European Union (EU), with Portugal recording the third-largest year-on-year drop.


“Great luck” to have Portugal preside over the EU Council

Lusa,

The Portuguese EU presidency "is very committed, very European and has a strong political will to fix the social dimension in European policies," said the European Commissioner Nicolas Schmit.



Risk of poverty affects 17.2%, even without social support

Lusa,

According to the report "Portugal, Social Balance 2020," over 12% of the Portuguese population was in a situation of persistent poverty in 2019 and 17.2% at risk of poverty.


Leão reacts to EC’s proposal to suspend budget rules in 2022

ECO News,

Portugal's finance minister has reacted positively to the European Commission's proposal to suspend budget rules in 2022, as in 2020 and 2021.



Unemployment rate jumps to 7.2% in January

ECO News,

In the first month of the year, the unemployment rate rose to 7.2%, according to data released this Wednesday by the National Statistics Institute (INE).


EDP Renováveis completes €1.5 million capital increase

ECO News,

Each of the new shares was sold at 17 euros, which represented a discount of 9.3% in relation to EDP Renováveis' share price before the operation was announced.



EDPR goes ahead with a €1.5 billion capital increase

ECO News,

New shares in EDP can only be subscribed to by institutional investors. Banks are already advancing with the operation that should be concluded on March 5.


New airport in Portugal back on the table

Lusa,

The government will move forward with a Strategic Environmental Assessment process of three solutions for boosting airport capacity in Lisbon.



Auditor finds 47 irregularities in 2019 EU campaign accounts

Lusa,

ECFP identified around 47 irregularities in the accounts of the 14 parties and two coalitions that took part in the 2019 elections for the European Parliament in Portugal.