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    Archives

    Monthly Archive for: "Junho, 2020"
     Vilamoura invests €12 million in marina expansion
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    By Fernando Caetano
    In News, Property, Tourism
    Posted 29 Junho, 2020

    Vilamoura invests €12 million in marina expansion

    Vilamoura World is to invest €12 million in expanding Portugal’s largest marina in the Algarve. The company owned by the US Lone Star vulture fund says the improvements will equip the famous [...]

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     Portugal’s banks – as good as gold?
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    By Fernando Caetano
    In Banks, News, Recommended
    Posted 28 Junho, 2020

    Portugal’s banks – as good as gold?

    In April 2020 the unthinkable happened. During the peak of the Coronavirus pandemic, Portugal’s normally mild, affable and non-confrontational President Marcelo Rebelo de Sousa did something [...]

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     Barkyn nets €5 million investment
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    By Fernando Caetano
    In Companies, News, Start-Up
    Posted 28 Junho, 2020

    Barkyn nets €5 million investment

    Gourmet pet food delivery start-up Barkyn has just netted a €5 million Series A investment round from venture capital investors. The incubator company at UPTEC – Porto University’s Science [...]

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     Courts could allow TAP cash injection if ‘public interest’ proved
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    By Fernando Caetano
    In Aviation, News
    Posted 28 Junho, 2020

    Courts could allow TAP cash injection if ‘...

    Portugal’s stricken airline TAP has sent a communiqué to the markets indicating that a court examining applying an injunction to prevent the State bailing out the airline could be wavered in the [...]

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     Resolution Fund sees 40% increase in State and bank contributions
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    By Fernando Caetano
    In Banks, News
    Posted 28 Junho, 2020

    Resolution Fund sees 40% increase in State and ...

    Portugal’s Resolution Fund set up to provide capital for Novo Banco – the bank created after the collapse of Banco Espírito Santo in 2014 – has seen bank contributions increase by [...]

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     Portugal facing slow recovery in different gears
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    By Fernando Caetano
    In Economy, News, Opinion
    Posted 28 Junho, 2020

    Portugal facing slow recovery in different gears

    A slow recovery, in several gears depending on the sector and totally held hostage to the Covid-19 pandemic. This is the prediction from economists consulted by the business daily Jornal [...]

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     Government accused of rushing through mining contracts
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    By Fernando Caetano
    In Industry, News
    Posted 26 Junho, 2020

    Government accused of rushing through mining co...

    An investigation by newspaper Público has revealed that — despite what it may have said earlier this year — the Government has actually gone ahead and signed 16 contracts with mining companies [...]

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     Portuguese startup Replai in €1.1M investment round
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    By Fernando Caetano
    In News, Start-Up
    Posted 26 Junho, 2020

    Portuguese startup Replai in €1.1M investment r...

    The Portuguese startup Replai has just closed a €1.1 million seed investment round. The money will be used to develop its multimedia production business, increase its team, and expand its company [...]

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     Portugal’s supermarkets accused of running ‘bread and doughnut’ racket
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    By Fernando Caetano
    In News
    Posted 26 Junho, 2020

    Portugal’s supermarkets accused of runnin...

    Portugal’s monopolies authority has accused two of the nation’s largest supermarket chains of running a bread and doughnut cartel. Now the regulatory body which tries to enforce fair competition [...]

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     Home transactions fall 11.6%
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    By Fernando Caetano
    In News, Property
    Posted 26 Junho, 2020

    Home transactions fall 11.6%

    Home transactions fell 11.6% in the first quarter of 2020 with 43,532 home transactions (purchases and sales) and 0.7% less than the beginning of 2019. The figures were released by the Portuguese [...]

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