German economy is “stopping” as it might harm Portugal’s
Economists contacted by Lusa consider that exist signs of the German economy slowing down, which might affect the Eurozone and Portugal.
The first woman to become Portugal’s EU Commissioner
"Elisa Ferreira has exceptional and unique qualifications.", Centeno on Elisa Ferreira's nomination for EU Commissioner.
TdP launches a health platform for UK tourist
The platform "Portugal Health Passport" allow tourists to access urgent healthcare for a fixed price in different health units of Hospital da Luz, Lusíadas and CUF.
2 Banks and 1 Fund compete for Caixa in Brazil
This Thursday, it has been given another important step in the process of selling Caixa Geral de Depósitos (CGD) in Brazil.
10 Portuguese are among the hottest startups in Europe
Ten Portuguese startups are featuring amongst the 100 hottest in Europe, according to Wired.
Sonae is selling more and profits 38M€ in semester
Sonae has profited 38M€ in the first semester of the year.
MásMovil buys Nowo and Oni
The Spanish MásMovil together with the Spanish investment fund Gaea acquired the owner of both Nowo and Oni.
More fruit and more wine: agriculture to shine in 2019
Agricultural production has not been this good for years. From wine to dried fruits, from apples to peaches and tomatoes, the forecast for agriculture points for an increased production this year.
5 estates to rehabilitate for less than 40K€ in Alentejo
Stressing lives in big cities usually many people to look for some quieter and more peaceful alternatives in the countryside. Alentejo is definitely the hotspot for some bargains in this segment.
“Mr. Jerónimo Martins” passes away at the age of 84
Alexandre Soares dos Santos, the charismatic former leader of Jerónimo Martins' Group, has died yesterday at the age of 84 of pancreatic cancer.
Portugal’s growth surpasses EU average
The Portuguese economy grew by 0.5% in the second trimester relative to the first three months of 2019, growing above the EU average.
Analysts remain optimist as BCP loses 10% in value
While BCP's shares are being negotiated at around 20 cents/each as the bank is accumulating significant losses, analysts predict it will go up to 30 cents.
Lisbon Airport has fuel for 4 days and Faro’s for 3.
"At the moment, both Lisbon and Faro Airports are fully stocked with fuel", the President of the National Authority for the Energetic Sector (ENSE) assured.
Portugal on the edge of an energetic crisis
In Portugal, the fresh memories of the last hazmat drivers' strike on the 15th of April still haunt the Portuguese hearts and minds.
Average salary reaches 911 euros in 2nd trimester
The average net monthly income of Portuguese dependent workers reached 911 euros in the second trimester of the year, according to the National Institute of Statistics.
Ryanair to close Faro’s base in January 2020
Ryanair has informed this Tuesday that will close its operational base in Faro's Airport in January 2020, laying off about 100 employees, despite maintaining the flight connections there.
Portugal’s most expensive hotel?
Staying in a hotel in Lisbon would cost you 95€ per night last year, according to the Portuguese Association for Hospitality.
Novo Banco closes deal on real estate assets for 800M€
Novo Banco (NB) closed a deal to alienate two assets portfolio. Both operations were evaluated in 800M€ as they involved Waterfall Asset Management and Cerberus.
Public debt falls to 246.9M€ in June
Public debt dropped by 5.6Bn€ in June, after the payment of 8.1Bn€ in general obligation bonds during that month as reported by the Bank of Portugal.
Portugal will have 19 new private hospitals
Portugal will have, at least, 19 brand-new private hospitals until 2020 in a total investment of 750M€.
Novo Banco doubles losses to 400M€
Novo Banco (NB) ended this first semester with losses of 400,1M€, almost the double when compared with the same period of 2018.
CGD’s profit increased by 45% to 282.5M€
Caixa Geral de Depósitos (CGD), the Portuguese State's bank, registered profits of 282.5M€ in the first semester of 2019, which represents an increase of 45.6% relative to the same period of last year
Jerónimo Martins profits 181M€. Colombian’s Ara soars 32%.
erónimo Martins (JM) increased its net income to 181M€ in the first semester of the year, which represents a 0.7% increase relative to the same period of 2018.