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    Monthly Archive for: "Fevereiro, 2022"
     Trump card: Portugal could turn Europe “much less dependent on Russian gas”
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    By Fernando Caetano
    In Energy, News, Recommended
    Posted 25 Fevereiro, 2022

    Trump card: Portugal could turn Europe “much le...

    Just before midnight on December 31, 2021, the European Commission published a proposal that paved the way to investments in gas and nuclear energy being considered ‘environmentally sustainable’. [...]

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     Navigator could post record results
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    By Fernando Caetano
    In Companies, News
    Posted 25 Fevereiro, 2022

    Navigator could post record results

      The Portuguese wood pulp and paper manufacturer Navigator could post record profits because of the high price of paper according to CaixaBank. The Spanish analysts point out a spike in the [...]

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     Vila Galé’s 4 new hotels
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    By Fernando Caetano
    In Hotel, News
    Posted 25 Fevereiro, 2022

    Vila Galé’s 4 new hotels

    The Portuguese hotel group Vila Galé is to create 4 new hotels in an investment of €35 million. The hotel group will create a new hotel aimed at families with young children in Beja, a 4-star [...]

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     Efacec to finally be sold .. well most of it!
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    By Fernando Caetano
    In Companies, News, Technology and Engineering Systems
    Posted 25 Fevereiro, 2022

    Efacec to finally be sold .. well most of it!

    Seventy-five per cent of electrical and transport systems company Efacec is to be sold to DST after all on the back of its privatisation process underway with an agreement finally reached with [...]

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     NTT DATA creates innovation hubs in Porto
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    By Fernando Caetano
    In Information Technology, Infrastructure, News
    Posted 25 Fevereiro, 2022

    NTT DATA creates innovation hubs in Porto

    NTT Data is to create two technology hubs in Porto The move follows the company’s creation of three data hubs in Braga, Castelo Branco and Coimbra that are all already up and running. Both of the [...]

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     Fuel and energy prices set to soar as Russians invade Ukraine in haunting echo of 1938 Sudetenland invasion
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    By Fernando Caetano
    In Energy, News
    Posted 25 Fevereiro, 2022

    Fuel and energy prices set to soar as Russians ...

    Energy prices look set to soar in oil and gas dependant Portugal after Russia attacked parts of the Ukraine over night on Thursday. The invasion, which had chilling echoes of Hitler’s 1938 [...]

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     Sanctions will throw Europe into recession
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    By Fernando Caetano
    In Economy, News
    Posted 23 Fevereiro, 2022

    Sanctions will throw Europe into recession

    A former governor of the Bank of Portugal, Vítor Constâncio, has warned that sanctions against Russia will “greatly affect” European economies and plunge the continent into recession. “Will Putin [...]

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     Handouts end for Novobanco .. for now
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    By Fernando Caetano
    In News, Novo Banco, Resolution Fund
    Posted 23 Fevereiro, 2022

    Handouts end for Novobanco .. for now

    The Portuguese government has said there will be no more taxpayer handouts to Novobanco which was created after the Banco Espírito Santo empire collapsed in 2014. According to ECO online, the [...]

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     Portuguese economy enjoys export trade surplus
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    By Fernando Caetano
    In Economy, News, Trade
    Posted 23 Fevereiro, 2022

    Portuguese economy enjoys export trade surplus

    The Portuguese economy has registered an external trade surplus of €1.4Bn for 2021, which corresponds to 0.7% of GDP, an increase of €1.3Bn on 2020. According to the Bank of Portugal, current [...]

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     Endesa profit falls 11%
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    By Fernando Caetano
    In Energy, News
    Posted 23 Fevereiro, 2022

    Endesa profit falls 11%

    Spanish energy company Endesa, which operates in Portugal, saw its profits fall 11% in 2021 to €1.9Bn. Some 80% of this profit will be paid out to shareholders it was announced on Tuesday. [...]

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