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Monchique feldspar mining project gets official thumbs down - Europe News
Monchique feldspar mining project gets official thumbs down3 hours ago
The Secretary of State for the Environment, Carlos Martins, has given the thumbs down to a proposal by Sifucel Sílicas SA to commence mining at Corte Pequena in the Monchique hills. In a major victory for local environmental groups, many individuals and t
Algarve scoops annual tourism awards - Europe News
Algarve scoops annual tourism awards 3 hours ago
The Algarve region collected an exceptional haul of awards at the Publituris Portugal Travel Awards gala at the Bom Sucesso Resort, in Óbidos on Thursday evening. The region received five top awards, namely - the Best National Tourism Region, the Best Res
Public Prosecutor investigating 'missing €10 billion' in offshore transfers - Europe News
Public Prosecutor investigating 'missing €10 billion' in offshore transfers 4 hours ago
After months of collecting information on ‘the case of the missing €10 billion,’ the total amount transferred offshore while the treasury was asleep at the wheel, the Public Prosecutor’s Office has opened a formal investigation and the Department of Inves
Portugal’s indebtedness decreases for the first time this year - Europe News
Portugal’s indebtedness decreases for the first time this year 11 hours ago
Seven months after the beginning of 2017, Portugal had the first decrease in its debt. It decreased in July for the first time this year, standing at 725.4 billion euros, after the record levels from June (726.028 billion euros). This corresponds to publi
How to Win a War on Drugs - Europe News
How to Win a War on Drugs 12 hours ago
Portugal treats addiction as a disease, not a crime.
Portuguese stranded abroad with zero compensation from Ryanair - Europe News
Portuguese stranded abroad with zero compensation from Ryanair 14 hours ago
Consumer organisation Deco and Portugal's National Civil Aviation Authority both have received complaints from passengers affected by the cancellation of Ryanair flights. Many Portuguese nationals are being disadvantaged by the Irish carrier, as meals, ho
Jerónimo Martins’ founder: the Portuguese banking “is not able to finance company’s investments” - Europe News
Jerónimo Martins’ founder: the Portuguese banking “is not able to finance company’s investments” 21 hours ago
Jerónimo Martins invests a lot of money per year. But Alexandre Soares dos Santos, the founder of the company, states that those millions of euros Jerónimo Martins needs are almost fully borrowed from foreign banking, since the Portuguese financial instit
Moody’s: Portuguese banking is making progress, in spite of NPL - Europe News
Moody’s: Portuguese banking is making progress, in spite of NPL 21 hours ago
Moody’s commends the progress made by the six largest Portuguese banks. Santander Totta, BPI, BCP, Caixa Geral de Depósitos (CGD), Montepio and Novo Banco (NB) are being able to improve the quality of their assets, stated the rating agency, although they
Jerónimo Martins director detained in Colombia on corruption charges - Europe News
Jerónimo Martins director detained in Colombia on corruption charges 22 hours ago
The director of operations of ARA, a supermarket company belonging to Pingo Doce owner Jerónimo Martins (Est. 1792), has been arrested and detained by the Colombian police on corruption charges. The case was reported by the company itself which stated th
Spain's government prepares to suppress Catalonian referendum with up to 16,000 police  - Europe News
Spain's government prepares to suppress Catalonian referendum with up to 16,000 police 23 hours ago
The Catalan president said today that the vote for indepence from Spain would take place. “The aggressive tactics of Mariano Rajoy’s government have caused this crisis. All Catalan citizens want is to peacefully exercise our democratic right,” said presid
Luiten and Coetzee share the lead in Portugal Masters - Europe News
Luiten and Coetzee share the lead in Portugal Masters 23 hours ago
Joost Luiten of the Netherlands and George Coetzee of South Africa each shot 7-under 64 to take a share of the lead in the first round of the Portugal Masters
Portugal's 'Jumbo' supermarket brand to go in Auchan shake-up - Europe News
Portugal's 'Jumbo' supermarket brand to go in Auchan shake-up 1 day ago
Groupe Auchan SA, is based in Croix, France, owns the Jumbo supermarket chain in Portugal but has decided to change the name of the stores in a move to standardise the various retail brands it operates across 17 countries. "In Portugal, we are assessing t
Portugal's Navy to receive Black Shark torpedoes in €7 million order - Europe News
Portugal's Navy to receive Black Shark torpedoes in €7 million order 1 day ago
Portugal’s Navy is to take delivery of new torpedoes as part of a deal with Leonardo Defence Systems. In an order dated August 10, 2017, just published in Diário da República, Defence Minister José Azeredo Lopes authorised spending a maximum of €7.07 mill
Left Bloc continues to harry government over Via do Infante tolls - Europe News
Left Bloc continues to harry government over Via do Infante tolls 1 day ago
Refusing to give, keenly aware of his responsibilities to those who elected him as Left Bloc MP and keenly aware of what a disaster the Algarve’s motorway tolls have been for the region, João Vasconcelos  is back with a new resolution to eliminate th
'The problems of Portugal are not over' advises Commerzbank  - Europe News
'The problems of Portugal are not over' advises Commerzbank 1 day ago
"The problems of Portugal are not over - they are worse," warns Commerzbank in a note to investors. The German company writes that the Portuguese government is making its economy less competitive and is driving the country back "to unhealthy pre-crisis tr
Bikes are Back - FIM World Superbike Championships Round 10 - Europe News
Bikes are Back - FIM World Superbike Championships Round 10 1 day ago
Following a one year absence the Autodromo Internacional do Algarve welcomed motorcycle fans from across the world over the weekend of 15-17 September by hosting the Prosecco Doc 2017 World Superbike Championships. Despite major motorcycle races taking pl
“Portugal has done all the fiscal consolidation it had to do” - Europe News
“Portugal has done all the fiscal consolidation it had to do” 2 days ago
Mariana Mortágua, Left Block deputy, considers that Portugal has done everything it had to do in terms of fiscal consolidation. In an interview to ECO, the deputy speaks of the Portuguese debt, as well as Standard & Poor’s (S&P) decision of
Cristina Casalinho: “We were able to make our debt more appealing to several institutions” - Europe News
Cristina Casalinho: “We were able to make our debt more appealing to several institutions” 2 days ago
Portugal has been able to make its debt more appealing to international creditors, and that tendency will be accentuated even more over time, after Standard & Poor’s (S&P) removed the Portuguese Republic from the junk level, stated Cristina
Anacom stands against Altice acquiring Media Capital - Europe News
Anacom stands against Altice acquiring Media Capital 2 days ago
Anacom handed in their official opinion to the Portuguese Competition Authority. In a press release, the authority regulating the telecommunications’ sector opposes the conclusion of this acquisition, which was announced in July; the official opinio
Portuguese 2018 State Budget will be voted on November 28 - Europe News
Portuguese 2018 State Budget will be voted on November 28 2 days ago
The Portuguese 2018 State Budget will have its final voting on November 28, stated this Tuesday the Portuguese news agency Lusa, according to what was decided in the parliamentary leaders’ conference. The 2018 State Budget draft will be handed in on
Faria de Oliveira: banks may need capital in the medium term - Europe News
Faria de Oliveira: banks may need capital in the medium term 2 days ago
The Portuguese banking will need new capital increases. Not on the short run, but on a medium term, Faria de Oliveira tells ECO in the Investor Relations & Governance Awards (IRGA) in Lisbon, promoted by Deloitte. The president of APB (Portuguese Bank