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        Author Archive for: "FernandoCaetano"
        0
        By Christopher Graeme
        In Automotive, Luxury brands, News
        Posted 4 Janeiro, 2023

        Sales of luxury cars skyrocket in Portugal

        If Portugal is mired in economic crisis with families being squeezed by inflation at nearly 10% and mortgage payments up because of higher interest rates, you’d never guess it if you looked at [...]

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        0
        By Christopher Graeme
        In Companies, Infrastructure, News
        Posted 4 Janeiro, 2023

        Brisa announces investment of over €40M in service areas

        The Portuguese motorway concession company Brisa has announced a €40 million investment in its service areas. The plan encompasses 33 Colibri restaurants in the service areas across the entire [...]

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        0
        By Christopher Graeme
        In Banks, Competition, News
        Posted 4 Janeiro, 2023

        Portugal’s banks violated competition rules

        The European Commission believes that Portugal’s main banks have violated competition rules for 10 years by sharing information on volumes of credit and spreads that they were applying in a case [...]

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        0
        By Christopher Graeme
        In Companies, News, Public sector companies
        Posted 2 Janeiro, 2023

        Efacec, Novobanco, VIC and TAP on M&A list for 2023

        The Portuguese public transportation and electrical systems company Efacec, the US asset management company-owned Novobanco, real estate company VIC, and Portuguese publicly owned airline look [...]

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        0
        By Christopher Graeme
        In Commercial Real Estate, News, Real Estate
        Posted 2 Janeiro, 2023

        Property deal of 2022 was €800M

        The best property deal in Portugal for last year netted over €800 million according to CNN. And the five next commercial real estate sales of the year raked in €100 million or over for 2022 in [...]

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        0
        By Christopher Graeme
        In Companies, Inflation, News
        Posted 2 Janeiro, 2023

        Inflationary pressures to continue in 2023

        The effects of inflation on Portuguese consumers does not look set to ease in the early months of 2023, despite government forecasts that it will fall back to 5.8% in 2023. What had seemed [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Inflation, International schools, News
        Posted 2 Janeiro, 2023

        Interest rates on Portuguese debt x7 in 2022 to 3.57%

        The interest on Portuguese sovereign debt that the country has to pay back to investors who bought government treasury bonds went up seven times during the course of 2022 says Negócios. The [...]

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        0
        By Christopher Graeme
        In Banks, Investment, News
        Posted 2 Janeiro, 2023

        Government provides cheap loans for manufacturers to offset rising production costs

        The Portuguese Government has released a €600 million credit lifeline to help manufacturing companies offset the rising cost of production costs. The loans, which will have an interest-free grace [...]

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        0
        By Christopher Graeme
        In Bi-lateral trade, Brexit, Business, News, Trade
        Posted 2 Janeiro, 2023

        University of Oxford marks 650 years of the British-Portuguese Alliance

        Despite the gloom of Brexit, which is not proving as smooth and positive for bi-lateral trade as both Portugal and the UK would like, there was one event which showed that both countries have [...]

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        0
        By Christopher Graeme
        In News, Savings, Savings bonds
        Posted 30 Dezembro, 2022

        Savings bonds offer 3%

        Small investors in Portugal’s national savings bonds certificates are enjoying 3% interest thanks to higher interest rates. Within the space of one year interest on savings bonds has increased [...]

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        • Castellana Properties shopping malls in Portugal see footfall up 2.7% and sales up 4.1%
          Castellana Properties shopping malls in Portugal see footfall up 2.7% and sales up 4.1%
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          Portugal exports €79.3Bn supported by global logistics networks
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