Portugal proposes minimum wage increase in 2020

ECO News,

The Government proposed in the social concertation that the minimum wage be set at 635 euros as of January 1.

Property market decreasing? 2019 is about to surpass 2018

ECO News,

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

ECO News,

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.

CTT falls more than 3% on the Lisbon Stock Exchange

ECO News,

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

ECO News,

Spain's risk is worsening vis-à-vis Portugal, with investors' perceptions of the country being negatively affected by Sunday's election results.

Interview “Portuguese companies can overcome any obstacle”

Luís Alexandre,

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

Revolut wants “one million users in Portugal”

Luís Alexandre,

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

ECO News,

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.

BCP with profits of 270 million through September

ECO News,

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

ECO News,

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.

BCP presses the Lisbon Stock Exchange

ECO News,

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

Lusa,

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

ECO News,

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

ECO News,

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.