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        Economy

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        By Christopher Graeme
        In Economy, News
        Posted 27 Abril, 2020

        Welcome to the brave new world!

        Venture capitalist Tim Vieira, CEO of Special Edition (Africa) and Bravegeneration (Europe) is a well-known TV personality who appeared on the first series of Shark Tank Portugal tells members of [...]

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        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 27 Abril, 2020

        Boeing and Embraer wars threaten Évora companies

        The commercial war between Brazilian aircraft manufacturer Embraer and US manufacturer Boeing could pose a threat to aircraft component factories in Évora. The war broke out because of the [...]

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        0
        By Christopher Graeme
        In Economy, News
        Posted 27 Abril, 2020

        S&P cuts Portugal ratings outlook

        Standard & Poor’s has reviewed downward the outlook for Portugal’s long-term ability to service debt over fears that the borrowing costs on the international markets needed to finance the [...]

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        0
        By Christopher Graeme
        In Economy, Investment, News
        Posted 24 Abril, 2020

        Business association in €10Bn reindustrialisation plan

        The Business Association of Portugal (AEP) is to suggest a €10Bn plan to re industrialise Portugal. The AEP’s president Luís Miguel Ribeiro will present the Government with a major [...]

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        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 24 Abril, 2020

        Mota-Engil wins €636 million Mexico contract

        The Portuguese International construction company Mota-Engil has won a €636 million contract in Mexico. The contract, in partnership with China Communications Construction, will build the first [...]

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        0
        By Christopher Graeme
        In Economy, Investment, News
        Posted 24 Abril, 2020

        Portugal to contribute €227 million to €25Bn EIB fund

        The European Investment Bank (EIB) has approved the setting up of a pan-European guaranteed fund of €25Bn. Each Member State will be called upon to pay a part towards the fund which will enable [...]

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        0
        By Christopher Graeme
        In Economy, Investment, News
        Posted 24 Abril, 2020

        Portugal attracting investment interest says prime minister

        Portugal’s Prime Minister António Costa says that the overseas investment earmarked for Portugal before the Covid-19 pandemic is still very much on the cards. In a podcast yesterday he said not [...]

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        0
        By Christopher Graeme
        In Economy, News
        Posted 7 Julho, 2019

        Portugal to pay €2Bn troika debt to Europe

        Portugal has paid off all €26.3Bn of its IMF loan and will now pay off a further €2Bn to the EU by the end of the summer from its 2011 €78Bn troika bailout. In March, the Secretary of State for [...]

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        0
        By Christopher Graeme
        In Economy, News
        Posted 3 Julho, 2019

        Amorim still the richest family in Portugal

        The Amorim family, which made its fortune in cork products, retains its position on Forbes magazine’s top rich list. With a fortune estimated at €4.1Bn, Maria Fernanda Amorim and family top the [...]

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        0
        By Christopher Graeme
        In Economy, News
        Posted 21 Junho, 2019

        Portugal’s been “lucky” but for how long? asks IMF economist

        The former chief economist of the IMF, Olivier Blanchard, has told a Portuguese news agency that Portugal “has been lucky” despite its poor productivity record. In an interview with Lusa, [...]

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