Portugal’s GDP soars 13.2% in Q3
Portugal's GDP registered a year-on-year reduction of 5.8% in the third quarter. However, In the quarter-on-quarter rates of change, there was a growth of 13.2%.
4,656 new cases and 40 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 4,656 new cases.
Portugal’s economy minister highlights GDP growth
Pedro Siza Vieira said on Friday that the recovery of 13.2% of GDP in the third quarter was above the average of the euro area.
Movement between municipalities limited until Tuesday
The measure decreed by the government will take effect during a period which includes All Saints' Day on Sunday 1 November and the Day of the Dead the following day.
António Costa says vaccines to be distributed simultaneous
Portugal's prime minister has said that the EU will distribute the future anti-Covid-19 vaccine fairly and according to the population of each member state.
EDP’s profit shrinks to 422 million euros
The Portuguese company registered a drop in net profit, penalized by the coronavirus pandemic.
New record: Portugal with 4,224 new cases of Covid-19
The number of people infected with coronavirus continues to increase and, in the last 24 hours, there have been 4,224 new cases.
Eurozone: Portugal registers 8th largest drop in tax burden
The tax burden in Portugal fell by two-tenths in 2019. The weight of taxes and social contributions dropped to 36.8% of GDP, below the Eurozone average.
State Budget 2021 approved only by Socialists
The State Budget for 2021 was approved on Wednesday in parliament, only with favourable votes from the Socialist Party.
Tourism in Portugal “did not recover” in September – INE
The National Institute of Statistics (INE) estimates that tourism activity in Portugal "did not recover in September."
Covid-19: Tourists may move between municipalities
Tourists are allowed to circulate between municipalities in Portugal, despite the restrictions that apply between October 30 and November 3.
FC Porto reports ‘record losses’ for 2019/2020
FC Porto had "record losses" in the 2019/20 financial year, €116.1 million, due to the club's absence from the Champions League during the season and the Covid-19 pandemic.
EDP Renováveis’ profit drops 7% by September
The Portuguese company saw profit falls 7% by September, to 319 million euros. Sales in Brazil and Spain penalized the results.
Switzerland lifts restrictions on residents of Portugal
Residents of Portugal will no longer have to serve a 10-day quarantine after their arrival.
Opinion The stress of Leadership: is that really the case?
Sense of control acts as a buffer against stress for top managers.
Auditor of defunct BES bank fined €1M
The Market regulator has fined KPMG a million euros after finding irregularities in the consultancy's activities in the area of legal certification of the accounts of the former BES bank.
New €18M solar energy plant to be built in Albufeira area
In a total investment of €18 million, A new photovoltaic plant will be built this year in Paderne.
2,899 new cases and 31 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 2,899 new cases.
Closing borders within EU ‘makes no sense’ – government
The second phase of the Covid-19 pandemic "it makes no sense" to close borders again within the European Union, Portugal's secretary of state for European affairs has told members of parliament.
Portugal makes wearing masks mandatory on the streets
The Portuguese Parliament approved on Friday the mandatory wearing of masks in public spaces for at least three months.
EU allows €1B from Cohesion to be spent on economic recovery
The European Commission has authorised Portugal to redirect one billion of cohesion funds to economic recovery.
Libyan investor will buy EuroBic only with majority stake
A promissory agreement signed with Isabel dos Santos foresees that the Libyan investor Roger Tamraz can cancel the deal if he does not acquire over 50% of EuroBic's stake.
Banks cut almost 13,000 employees in 10 years
According to Bank of Portugal, banks operating in the country cut almost 13,000 employees and closed more than 2,000 branches in the last 10 years.
3,270 new cases and 16 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 3,270 new cases.