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    Monthly Archive for: "Março, 2020"
     CMVM admits banning speculation on falling shares
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    By Fernando Caetano
    In News
    Posted 23 Março, 2020

    CMVM admits banning speculation on falling shares

    The Portuguese stock market regulator CMVM has admitted that it will put a stop to short selling on the Lisbon stock market as shares take a tumble because of the coronavirus pandemic. There are [...]

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     Mário Centeno to call Eurogroup meeting
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    By Fernando Caetano
    In News
    Posted 23 Março, 2020

    Mário Centeno to call Eurogroup meeting

    The Portuguese president of the group of EU finance ministers, Eurogroup, is to meet with its representatives on Tuesday to look at member state options in counteracting the effects of Covid-19 [...]

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     Government suspends termination of rental contracts
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    By Fernando Caetano
    In News
    Posted 23 Março, 2020

    Government suspends termination of rental contr...

    The Government has decided to press forward with an order to suspend rental contracts due to expire in a move to protect families during the coronavirus pandemic. “It is our duty not only to face [...]

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     COVID-19: Half of Portugal’s hotels to close this week
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    By Fernando Caetano
    In News
    Posted 23 Março, 2020

    COVID-19: Half of Portugal’s hotels to close th...

    The president of Portugal’s Hotel Association says that at least 50% of the country’s hotels will likely close from this week. The AHP’s Raúl Martins estimated on Friday that the hotels would be [...]

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     Coronavirus outbreak deals massive blow to Algarve
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    Coronavirus outbreak deals massive blow to Algarve

    The coronavirus outbreak is posing a major and unprecedented challenge to the Algarve, Portugal’s main tourism destination and with an economy that relies mostly on tourism. With the number of [...]

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     Portugal postpones company national insurance payments
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    Portugal postpones company national insurance p...

    Following a raft of measures announced by the Portuguese government to help struggling companies, monthly social security contributions have been suspended from 20 March. Company national [...]

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     Government rescue package must arrive quickly
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    Government rescue package must arrive quickly

    The President of Portugal’s Industrial Confederation, while welcoming a €3Bn package to help struggling micro and small companies, says that the money must be made available quickly. António [...]

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     TAP downgraded by Moody’s
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    TAP downgraded by Moody’s

    The international ratings agency Moody’s has cut the ratings of Portugal’s national airline TAP to ‘negative outlook’. In its report into the airline, it has expressed the opinion that the [...]

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     Lisbon Council creates 500 affordable new build homes
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    Lisbon Council creates 500 affordable new build...

    Lisbon Municipal Council is to build around 500 new homes at affordable prices at a brown field site in the city’s Entrecampos area. According to information from the council’s Department of [...]

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     Bank Governor calls for Eurobonds
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    By Fernando Caetano
    In News
    Posted 20 Março, 2020

    Bank Governor calls for Eurobonds

    The Governor of the Bank of Portugal, Carlos Costa, has called for the European Central Bank to issue eurobonds to deal with the economic fallout from the current coronavirus crisis. Carlos Costa [...]

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