Portugal is moving “in the right direction”

ECO News,

Pierre Moscovici sees some important imbalances, namely the high level of external debt, both public and private, and vulnerabilities in the banking sector and segmentation of the labor market.

Portugal is the 33rd most competitive economy

ECO News,

The list is made by IMD World Competitiveness Centre, which increased Portugal's place in the ranking because of the improvement in the economic growth and in the business and governmental efficiency.

NB will receive a 792 million euros’ injection

ECO News,

The 792 million euros' injection in Novo Banco will be concluded in the next couple of days, Ricardo Mourinho Félix assures. The injection is a reinforcement, after the bank's record losses in 2017.

Portuguese ten-year rate in maximums of two months

ECO News,

Portuguese debt interests worsen, in sync with its peripheral peers, conditioned by the perspective of a debt pardon of 250 billion euros by the ECB from an Italian partisan coalition.