EDP Renováveis completes €1.5 million capital increase
Each of the new shares was sold at 17 euros, which represented a discount of 9.3% in relation to EDP Renováveis' share price before the operation was announced.
Unemployment rate jumps to 7.2% in January
In the first month of the year, the unemployment rate rose to 7.2%, according to data released this Wednesday by the National Statistics Institute (INE).
Portugal wants “immediate” plan to vaccinate refugees
Portugal's secretary of state for European affairs advocated an "immediate" plan to get the Covid-19 vaccines to people living in refugee camps.
EDPR goes ahead with a €1.5 billion capital increase
New shares in EDP can only be subscribed to by institutional investors. Banks are already advancing with the operation that should be concluded on March 5.
New airport in Portugal back on the table
The government will move forward with a Strategic Environmental Assessment process of three solutions for boosting airport capacity in Lisbon.
691 new cases and 38 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 691 new cases.
Auditor finds 47 irregularities in 2019 EU campaign accounts
ECFP identified around 47 irregularities in the accounts of the 14 parties and two coalitions that took part in the 2019 elections for the European Parliament in Portugal.
Portugal starts a new 15-day state of emergency
On the day that marks one year of Covid-19 in Portugal, the 12th state of emergency is implemented in the country.
Covid-19 deaths in Portugal at October levels
The number of deaths reported by the Directorate-General of Health (DGS) is similar to those recorded in late October, with 33 reported on the 29th of that month.
Mota-Engil wins €150M contract to build motorway in Poland
The company reveals that this contract "corresponds to the design and build of the motorway S19 between the 'Lubartów Północ' junction and the 'Lublin Rudnik' junction, in a total of 23 km."
President, Israel counterpart discuss pandemic crisis
Portugal's president on Monday spoke on the phone with his counterpart in Israel, Reuven Rivlin, on the Covid-19 pandemic situation.
Portugal’s public debt down to €269.8 billion in January
The country's public debt registered a decrease of 600 million euros in January, down to 269.8 billion euros.
TAP imposes 12-month layoff starting Monday
The Portuguese flag carrier is to start a lay-off process from this Monday, which will reduce normal working hours or the suspension of contracts for 12 months.
1,027 new cases and 58 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 1,027 new cases.
Southern neighbourhood partnership “relevant for Portugal”
Speaking to journalists, Portugal's prime minister, António Costa, stated that a "partnership with the southern neighbourhood countries" is "particularly relevant for Portugal".
INE: Portugal’s GDP contracted by 7.6% in 2020
The Portuguese economy contracted by 7.6% in 2020 due to the pandemic crisis, INE has confirmed. However, in the fourth quarter, GDP grew by less than previously estimated.
Opinion Thoughts On A New “Iberolux” Union
Given the improved Portuguese–Spanish bilateral relationship over the past decade, many have wondered if such a Iberolux sort of union is now possible.
Negotiations between Portugal and EU to inject 200M into TAP
This immediate state injection into TAP aims to make urgent payments, in particular salaries to workers and suppliers.
Tax revenue down € 468M in January impacted by fall in VAT
Portugal's state collected 468.2 million euros less in taxes in January compared to the previous year.
BCP registers a net profit of €183M in 2020
The bank led by Miguel Maya saw net profit fall 39% to 183 million euros, in line with analysts' expectations.
Centre region has great Industrial Tourism potential
Portugal's secretary of state for tourism believes that the centre of the country has great Industrial Tourism potential in sectors such as glass, ceramics, woollen goods and mining.
1,160 new cases and 49 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 1,160 new cases.
UK approves 331,200 residency applications from Portuguese
The Portuguese are the fourth nationality with the highest number of applications, behind Poles, Romanians and Italians.
EDPR is considering a 1.5 billion euros capital increase
The operation will be carried out with institutional investors, and there is still no date for the capital increase. The proceeds will be used to finance the company's CAPEX.