PM Costa joins European leaders pushing for crisis-easing ācoronabondsā
Prime minister AntĆ³nio Costa is one of nine European leaders pushing habitually reluctant āricherā Member States today for the creation of corona bonds, to enable countries to better face up
Centeno admits Portugal will enter recession ābut has never been better preparedā for a crisis
Finance minister MĆ”rio Centeno took advantage of the moment statistics institute INE registered Portugalās first ābudget surplusā in the history of its young democracy to give a positive spin on
Government suspends termination of rental contracts to protect families
The government has decided to press forward with an order to suspend rental contracts due to expire in a move to protect families during the coronavirus pandemic. āIt is our
Covid-19: Government announces ā¬3 billion CREDIT LINE to support companies
The Portuguese government announced this morning a series of āemergency measuresā to help the country face the coronavirus outbreak, including a ā¬3 billion credit line for companies mainly in the
Government to inject ā¬1.4 billion into Novo Banco
The government is looking at ways to speed up the last phase of a recapitalisation process of a bank that was created from the ashes of Banco EspĆrito Santo which
Brussels considering new national promotional bank
The Portuguese government is planning to set up a new national bank to provide companies with a credit line. The outline structural design of the new bank, which forms part
Ministers to visit Alvor and Culatra on Friday
Portugalās Sea Minister, Ana Paula Vitorino, and Environment Minister, JoĆ£o Pedro Matos Fernandes, will be in the Algarve on Friday, June 21. At 9.30am, they will visit Alvor to check
Government āthinking of resigningā over teachersā multi-million euro demands
A PS Socialist source has admitted that the government is pondering resigning over the impossible demands placed on it by teachers. It would take ā¬630 million to āgive backā all
Still no date for Algarveās new Central Hospital
The government is ādoing everything it canā to move forward with the construction of the Algarveās Central Hospital but there is still no deadline for the project to be completed.
Commission to hone-in on CMEC energy subsidies that have cost consumers over ā¬2.5 billion
Parliament has today approved the scrutiny of governments stretching back to 2004. The reason: to determine āthe dimension of payments realised and still to realiseā regarding CMECs – the controversial