Portugal’s tourism revenues fell 80% in November
Portugal received only 440,700 guests in November, the equivalent of a 76% reduction compared to the same month last year.
President hopes lockdown will not exceed one month
Marcelo Rebelo de Sousa said that he hopes that the new general lockdown will not exceed one month.
10,663 new cases and 159 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 10,663 new cases.
King of Spain, President of Portugal talk about presidency
According to a note published on the President's website, the President of Portugal spoke on Friday morning with the King of Spain about the Portuguese presidency of the Council of the European Union.
Portuguese enterprises are not committed to innovation – EU
Between 2016 and 2018, 50.3% of enterprises in the EU with at least 10 employees reported innovation activity. Portugal ranks at the bottom of the table, in 21st place.
Sines plant closes ahead of schedule
With an installed capacity of 1,256 MW, the Sines coal-fired power plant supplied a third of the electricity consumed in Portugal in the early 1990s and was losing importance in recent years.
Air travel restrictions from outside EU and Schengen area
Portugal has extended until the end of January restrictions on air travel from outside the European Union and the Schengen area.
Supermarkets banned from selling books, clothes
The minister for economic affairs, Siza Vieira, said on Friday that supermarkets and hypermarkets in Portugal will be prevented from selling non-food items, due to the new general lockdown.
CTG makes 534 million with the sale of EDP shares
China Three Gorges raised 534 million euros with the sale of 100 million shares of the Portuguese company. The operation was aimed at qualified institutional investors.
United Kingdom bans flights from Portugal
The British government has banned flights to the UK from several countries, including Portugal, following the discovery of a new coronavirus variant in Brazil.
Portugal reports highest daily number of Covid cases
The number of people infected with coronavirus continues to increase and, in the last 24 hours, there have been 10,698 new cases.
Banks under pressure. DBRS leaves a warning to Portugal
Canadian agency warns that banks in Portugal, Italy and Spain have high levels of NPLs and high NPL ratios compared to other countries.
House prices rise 7.1% in Q3 2020, above EU average
Between July and September last year, house prices rose by about 5% in Europe. In Portugal, the increase was even sharper: 7.1%.
Unemployment forced 340 immigrants to return home
Due to the pandemic, the International Organisation for Migration has recorded twice as many requests. Unemployment and difficulties in accessing the labour market are the main reasons for returning.
Government to impose weekday curfew on São Miguel island
The island of São Miguel will from Friday (January 15) have an 8 pm compulsory curfew during the week, and a 3 pm one at the weekend.
Fidelidade buys €1M BCP bank perpetual debt bonds
Fidelidade last week acquired one million euros in BCP bank's perpetual debt bonds.
PM announced new measures for the four-week lockdown
Infections with the new coronavirus have skyrocketed after Christmas and the New Year, forcing the government to decree a new general lockdown in Portugal.
Portugal to get €58.3M EU support due to Brexit
The country should receive at least 58.3 million euros from the EU to support the economic sectors most affected by the UK's exit from the Single Market.
10,556 new cases and 156 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 10,556 new cases.
Zero inflation in 2020 after a YoY fall of -0.2% in December
According to Statistics Portugal (INE) announced that the year-on-year rate of change in the Consumer Price Index (CPI) was -0.2% in December and the average for the year was zero.
Parliament authorises further state of emergency
The renewal of the state of emergency was approved on Wednesday by the Portuguese Parliament.
Portugal issues first 10-year bond at negative interest rate
This is a historic milestone for the country that had never financed itself in this maturity with negative interest.
MásMóvil wins auction to build 4G network in Portugal
The company that owns Nowo won three lots in the 1,800 MHz band in the first phase of the 5G auction, which was dedicated to companies with no presence in the Portuguese telecommunications market.