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News & Facts

Mota-Engil Looking at Africa Projects Worth More Than $5 Billion

mota-engil

Mota-Engil SGPS SA, the Portuguese construction company that said March 20 it was seeking $5 billion of contracts in Africa, is now looking at an even larger figure, its chief executive officer said. Bloomberg

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Some energy prices 'not competitive' - business chief

energy

The president of Portugal's main business confederation on Monday stressed the need for energy to be available to companies at competitive prices, saying that in some segments of the market this is not the case. Lusa

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Press Review: Council of State Reactions [UPDATED]

Council of State meets, post-troika, coalition on agenda

Council of State call for 'balance' gets sceptical reception Lusa

Union seeks government's dismissal; rival seeks policy 'clarification' Lusa

Council of State meets, post-troika, coalition on agenda Lusa

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Tax freedom day, 4 June

Tax freedom day, 4 June

Portuguese workers will take until 4 June to pay taxes and only, after more than five months will they really get anything from their wages according to a study released Monday. Lusa

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Swaps inquiry committee to start work 28 May

Swaps inquiry committee to start work 28 May

The speaker of Portugal's parliament is on 28 May to formally appoint the parliamentary committee of inquiry into the sale of derivative contracts to state enterprises, with the panel to be chaired by a member of the opposition Socialist Party. Lusa

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'No alternative' to bailout renegotiation - ex-minister

'No alternative' to bailout renegotiation - ex-minister

Portugal will have to have to negotiate with international lenders to secure funds to cover the period after June next year, since the state cannot finance its activities with yields above 3% as they are at present, the economist and former finance minister José Silva Lopes said on Monday. Lusa

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Press Review: Banking Sector's Capital Woes and Fear of ‘Cyprus Virus’

Banking Sector's Capital Woes and Fear of ‘Cyprus Virus’

Portuguese banking  sector seeks cure for capital woes Financial Times

Portugal’s banks fear ‘Cyprus virus’ Financial Times

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'Trash or renegotiate' troika deal say over 80%

'Trash or renegotiate' troika deal say over 80%

More than 80% think Portugal should renegotiate or tear up the memorandum of understanding with the country’s bail-out troika (International Monetary Fund, European Central Bank and European Commission) according to a survey conducted for Lisbon Law School by Eurosondagem. Lusa

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Grad jobless soars 30%

Grad jobless soars 30%

The number of job seekers with a higher education diploma Rose 32.1% between April 2013 and the same month this year, according to figures released by the Employment and Vocational Training Institute (IEFP). Lusa

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Altran investment signed into effect

Graph

The French technological and consultancy firm Altran is to invest just under €7 million in the Portuguese town of Fundão to develop a near-shore service support centre and creating 120 jobs in the meanwhile, following the signing of the contract with AICEP, Portugal’s trade and development agency. Lusa

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