Merlin can enter the Lisbon Stock Exchange already in March
With six billion euros in market capitalisation, it could be the fifth largest listed on the benchmark index.
Sonangol gives BCP a 4% gain on the Lisbon Stock Exchange
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.
BCP says Sonangol wants to remain a reference shareholder
The Portuguese company reiterated that Sonangol wanted to remain a reference shareholder of Millennium BCP.
PM submits full list of 50 secretaries of state; 22 are new
The news comes almost a week after Prime Minister António Costa submitted the full list of ministers.
Portuguese public debt falls in 2018
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
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.
Opinion Portuguese economy: still a long way to go!
According to the Professor Susana Peralta, Portugal still has a long road ahead if it wants to be the new Europe's Eldorado.
BCP and Jerónimo Martins pulls Lisbon Stock Exchange down
The Lisbon Stock Exchange closes the week in fall with only 4 quoted on positive ground. The PSI-20 fell for the first time in 4 sessions.
Portuguese language will have world day. It will be May 5th
UNESCO approved the World Day of the Portuguese Language, which it will be celebrated on May 5th.
Regulator opens investigation to Jerónimo Martins in Poland
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.
Some Portuguese products begin to pay more to enter the U.S.
Products like oranges, cheeses, pork and seafood will be taxed at 25% when exported to the United States.
Lisbon escapes falls. Brexit agreement doesn’t help Europe
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.
PM on Brexit agreement: “I hope it will be the final one”
The Portuguese Prime Minister hopes that the new Brexit agreement reached between London and Brussels will be approved by the British Parliament.
Economy shows signs of recovery in August
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.
Portugal will make early repayments to the European troika
Portugal will start paying the EFSF, one of the two European creditors of the troika, this Thursday.
French are the largest buyers of Portuguese real estate
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
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
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
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
Portugal sent the draft State Budget for next year to the Commission on Tuesday. Without new measures, the government sees GDP accelerating to 2%.
Costa’s new government record size at 19 ministers
Portugal's government also has the most female ministers of any government, eight in total.
Portuguese Stock Exchange rises with BCP
The major European stock markets closed higher and Lisbon followed the trend, supported by gains in banking and energy.
Portugal is the 48th most valuable brand in the world
The value of the Portugal brand grew 3% to around 214 billion dollars, according to Brand Finance.