Sonangol gives BCP a 4% gain on the Lisbon Stock Exchange

ECO News,

The bank led by Miguel Maya fired after shareholders reaffirmed their interest in staying in the capital. Only four listed companies closed in the red on a day of gains for the PSI-20.

Portuguese public debt falls in 2018

ECO News,

The Portuguese public debt fell in 2018 to 122.2% compared to the previous year, but remains the 3rd largest in the EU. In the euro zone, public debt fell to 85.9% of GDP and in the EU to 80.4%.

Mota-Engil increases the value of bond issues for retail

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The construction company intended to obtain 75 million with a new bond issue, but decided to revise the value upwards. It will issue 140 million euros.

Regulator opens investigation to Jerónimo Martins in Poland

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The issue is the fact that Biedronka, the Jerónimo Martins retailer in Poland, allegedly has different prices for its products on the shelves from those that customers pay at the cash register.

Lisbon escapes falls. Brexit agreement doesn’t help Europe

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There is once again a technical agreement for Brexit, but investors are expectant about the difficulties in approving these terms. Lisbon escaped the losses by hitchhiking with NOS.

Economy shows signs of recovery in August

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In August, the economic activity indicator calculated by the National Statistics Institute (INE) accelerated and the external balance became positive, revealed Bank of Portugal this Thursday.

French are the largest buyers of Portuguese real estate

Lusa,

APEMIP estimates that after the French, the foreigners who invested the most in real estate in Portugal are from the United Kingdom and Brazil, both with 18%, followed by Germany (9%).

Risk of poverty in Portugal aligned with the EU average

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According to Eurostat, last year there were 21.6% of people at risk of poverty in Portugal. The country is in line with the EU average, but has more than doubled compared to 2018.

Portugal went to the markets to raise 1,250 million euros

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The country went to the markets this Wednesday to obtain 1,250 million euros and, contrary to what has happened in recent auctions, this time the costs did not fall.

Public debt falls to 116.2% next year

ECO News,

The Portuguese government had already revised upwards the target to 119.3% of GDP for this year, against the 118.6% registered in the Stability Programme.

Government sees GDP growing more in 2020

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Portugal sent the draft State Budget for next year to the Commission on Tuesday. Without new measures, the government sees GDP accelerating to 2%.

Portuguese Stock Exchange rises with BCP

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The major European stock markets closed higher and Lisbon followed the trend, supported by gains in banking and energy.