Portugal has no mines exclusively for lithium – Government
lithium is currently extracted in Portugal "in association with quartz and feldspar and is only used in the melting process of ceramic pastes".
Lisbon among the best destinations to visit – TripAdvisor
The Portuguese capital is one of the top 10 European cities not to be missed, prepared by TripAdvisor. Lisbon is also in the world ranking.
Auction of €970M 10-year debt, yields higher
Portugal auctioned €970 million in debt, less than the announced maximum, in 10-year Treasury Bonds.
Portugal proposes minimum wage increase in 2020
The Government proposed in the social concertation that the minimum wage be set at 635 euros as of January 1.
Portugal’s recovery after assistance is a ‘success story’
Klaus Regling, Director of the European Stability Mechanism (ESM), considered the recovery of Portugal's economic situation to be a success story.
Property market decreasing? 2019 is about to surpass 2018
A study by Cushman & Wakefield concluded that 2019 could equal or even surpass the good time that was experienced in the housing market last year.
Portugal has been stabilizing for five months – OECD
According to OECD, Portugal maintains the stabilization trend that began in April. United States, Germany and now also the United Kingdom should continue to slow down.
Purchases from Angola rose 30% through September to €878M
The accumulated value of imports from January to September rose almost 30% to €878.2 million.
CTT falls more than 3% on the Lisbon Stock Exchange
The Lisbon square closed in red on a mixed day for the other European squares. In Lisbon, BCP's performance weighed heavily, but the CTT fell by more than 3%.
Spain’s risk compared to Portugal worsens
Spain's risk is worsening vis-à-vis Portugal, with investors' perceptions of the country being negatively affected by Sunday's election results.
Moody’s lowers outlook for Portuguese banks to “stable”
The financial rating agency lowered the outlook for Portuguese banks from "positive" to "stable", due to the slowdown in the economy.
Interview “Portuguese companies can overcome any obstacle”
Interviewed by ECO News, Pedro Magalhães, from the Portuguese Chamber of Commerce and Industry, talked about the dangers of Brexit and the globalization of Portuguese entrepreneurs
Portugal/Ireland: Capitals consider joint work with Africa
Portugal and Ireland are exploring the possibility of working together as part of the European Union's new partnership with Africa
Revolut wants “one million users in Portugal”
Nikolay Storonsky, CEO of Revolut, expects to have more than 500 employees in his new office in Matosinhos and also believes that he could have a million users in Portugal in the near future.
Imports grew five times more than exports in Q3
The National Statistics Institute (INE) revealed data on the balance of goods. The Government forecasts that the total sales to abroad will rise by 2.9% this year, below the 5.4% of purchases abroad.
Altri’s profit falls 25% to almost 91 million euros
The net profit of 90.7 million euros in the first nine months of the year is lower compared to 120.4 million euros in the same period last year.
BCP with profits of 270 million through September
Bank reached September with profits of 270.3 million euros, 5% more than a year ago. It is the best result in 12 years, according to BCP.
Now you can open a company in Portugal in 30 minutes
With the new 'Company IN' platform, it is possible to establish a company in Portuguese territory in just 30 minutes. A project that has received positive feedback in this edition of the Web Summit.
Portugal mid-table in Brussels’ growth forecast
The European Commission forecasts real GDP growth in Portugal of 2% in 2019 and 1.7% in 2020.
BCP presses the Lisbon Stock Exchange
The bank's shares fell by more than 1% and affected the performance of the Portuguese stock market.
Web Summit ideas that leave no one indifferent
A platform to order helicopters, streetlamps that purify the air and a propeller to revolutionize the collection of renewable energy are just some of the ideas of entrepreneurs in the conference.
The Chinese sell 1.33% of EDP’s capital
CNIC sold a set of 49 million EDP shares, equivalent to 1.33% of the capital, for 175.6 million euros, corresponding to 3.6 euros per share. The sale was to institutional investors.
Portugal to pay two billion a year to the EU
Portugal shall contribute annually with 2.01 billion euros, corresponding to 0.98% of Gross National Income. This is an increase on the current 1.69 billion euros.
Portugal: One of the lowest paid countries in Europe
Among the 22 European countries that updated the minimum wage in 2019 through legislation, Portugal ranks 12th.