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        Archives

        Monthly Archive for: "Outubro, 2020"
         Bank mergers on the horizon within two years
        0
        By Christopher Graeme
        In Banks, News
        Posted 28 Outubro, 2020

        Bank mergers on the horizon within two years

        The CEO of Portuguese State bank Caixa Geral de Depósitos argued this week that Portugal’s banking sector will likely consolidate over the next two years. That consolidation, which could involve [...]

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         New hotel for Santa Apolónia opens in 2021
        0
        By Christopher Graeme
        In Hotel, News, Project, Real Estate
        Posted 26 Outubro, 2020

        New hotel for Santa Apolónia opens in 2021

        Works began over the summer for a new hotel in the building that houses Lisbon’s Santa Apolónia station on the Tagus estuary riverfront not far from the city’s cruise ship terminal. The project [...]

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         Brussels seeks to abolish Golden Visas
        0
        By Christopher Graeme
        In Golden Visa, News
        Posted 26 Outubro, 2020

        Brussels seeks to abolish Golden Visas

          The European Parliament has stepped up pressure to abolish Golden Visa schemes within European Union countries like Portugal. It plans to do this because it states that EU citizenship, [...]

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         Galp goes from profit to €45 million loss
        0
        By Christopher Graeme
        In Companies, Energy, News
        Posted 26 Outubro, 2020

        Galp goes from profit to €45 million loss

        Portugal’s national petroleum and gas company Galp has seen its profits eroded to post a €45 million loss to September. In 2019 it enjoyed profits of €403 million but now has seen all that wiped [...]

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         Fresh US investment in Portugal at nearly €1Bn between 2014 and 2019
        0
        By Christopher Graeme
        In Companies, Economy, Investment, News, Trade
        Posted 26 Outubro, 2020

        Fresh US investment in Portugal at nearly €1Bn between 2014 and 2019

        United States fresh investment in Portugal from 39 companies stood at €1Bn from 2014 to 2019, creating 6,806 jobs in mostly new projects. US investment exceeded US$1.1Bn (€991 million) and [...]

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         Portugal’s high-speed rail project back on track
        0
        By Christopher Graeme
        In Development, Economy, Infrastructure, News
        Posted 24 Outubro, 2020

        Portugal’s high-speed rail project back on track

        The 20-year saga of Portugal’s high-speed rail connection to Madrid, Porto and Vigo is back on track after being shelved through lack of funds. On 6 June 1999 national newspapers trumpeted the [...]

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         From lockdown to the open road
        0
        By Christopher Graeme
        In contributor, In Focus, News, Tourism
        Posted 23 Outubro, 2020

        From lockdown to the open road

        What might travel be like during the recovery period once Covid-19 is under control? Thanks to its aggressive national response to the pandemic, Portugal is providing clues. Native Floridian [...]

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         Recovery will be “very slow” says TAP boss
        0
        By Christopher Graeme
        In Aviation, Companies, News
        Posted 23 Outubro, 2020

        Recovery will be “very slow” says TAP boss

        TAP operations data to September reveals that the recovery in passenger numbers and flights for the Portuguese carrier will be “very slow” according to the airline’s new CEO, Ramiro Sequeira, who [...]

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         Foreign buyers from 31 countries buy homes in Lisbon during confinement
        0
        By Christopher Graeme
        In News, Property
        Posted 23 Outubro, 2020

        Foreign buyers from 31 countries buy homes in Lisbon during confinement

        By Natasha Donn [email protected] Foreign buyers were not put off from buying homes in Portugal in 2020 despite the pandemic according to estate agents. That is the message from [...]

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         80% of hotel business wiped out in 2020
        0
        By Christopher Graeme
        In News, Tourism
        Posted 23 Outubro, 2020

        80% of hotel business wiped out in 2020

        Around 80% of Portugal’s hotel bookings were wiped out this year because of the coronavirus pandemic. And around 25% of hotels were shut in September and with the new State of Calamity and Covid [...]

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