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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

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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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Car sales edge back into black

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Car sales showed some sign of recovery at both the European and the Portuguese level even if in a somewhat contradictory fashion in figures released by the Association of European Car Constructors on Friday. Lusa

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Portuguese bank takes stake in Moza

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The Portuguese financial group Banco Espírito Santo has acquired a further 18.9% holding in the capital of the Mozambican entity Moza Banco for an undisclosed sum, according to a statement released late Thursday. Lusa

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Teachers call strike for exam day

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Portuguese teaching trade unions have called a national demonstration for June 15 and a strike for June 17, coinciding with the first day of secondary school finalist exams, sector representative Fenprof has announced. Lusa

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Inflation slows to 0.4% as euro-zone rate tumbles

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Consumer prices in Portugal fell 0.1% in April, making for an annual inflation rate of just 0.4%, as inflation for the euro zone slowed to 1.2% and for the European Union as a whole to 1.4%, the EU's statistical arm said on Thursday. Lusa

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Unemployment benefits reach just 44% of jobless

unemployment

Fewer than 44% of Portugal's registered jobless were in April receiving benefits because of their unemployed status, according to the latest figures published online by the country's social security authorities. Lusa

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Vodafone says to double fibre network in Portugal by 2015

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Vodafone will double the size of its fibre optic network in Portugal to cover 1 million homes by 2015, it said on Thursday, as it seeks to more effectively compete against Portugal Telecom and the soon-to-be-merged duo of Zon and Sonaecom. Reuters

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Portuguese fifth most-used language on internet

students

Portuguese has become the fifth most used language online, as growing internet use in Brazil in the past decade or so has enabled it to overtake Arabic, French and German, according to figures from the International Telecommunications Union (ITU), the United Nations agency for the industry. Lusa

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