13Aug

OECD points to acceleration of economic activity

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The composite indicators OECD anticipating inflection in the economic cycle of each country, point to an acceleration of activity in Portugal. The Organization’s composite index for Economic Cooperation and Development (OECD) for Portugal rose in May to 101.19 above the long term average of 100 points and more than 0.06% in April, but less than […]
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12Aug

Portugal is at the top of the EU countries with the highest price rises

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The annual inflation rate in the euro area was established in June and 0.2% in the European Union (EU) stood at 0.1%, with Portugal recording the fourth highest (0.8%), according Eurostat. In the euro zone, the inflation rate of 0.2% compares with a 0.5% rate recorded in the same month of 2014 and a rate […]
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11Aug

Credit Recovery

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The credit recovery is the action that aims to return or paying claims that are due or overdue. This operation is extrajudicial and usually made by companies and professionals with experience in collection of outstanding claims. With the increase in bad loans, banks and companies choose to use the credit recovery companies services, to recover […]
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10Aug

CGD, BCP and BPI profit of two million euros per day

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They are the outcome of CGD, BCP and BPI in the first half of the year. Together, the three institutions profited 363.9 million euros from January to June. All in all, the three banks profited together an average of 2 million euros a day. The BCP recorded a net profit of 240.7 million, compared with […]
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07Aug

100 euros in Germany are not 100 in Portugal

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Portugal is the cheapest country in Western Europe, writes British newspaper. Portugal is the country’s cheapest Western Europe eurozone, with 100 euros in Germany to be worth about 122 euros in Lisbon, writes “The Guardian” in an article on the price differences within the single currency countries based on Eurostat data. “Welcome to the eurozone, […]
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31Jul

Five families are dumped daily for rent arrears

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National counter the rent has been used 10,333 times. However, more than half of the requests for eviction were refused. Every day, over five families lose their homes for nonpayment of rent or misuse of space. The figures from the Ministry of Justice, to which the DN / Mad Money had access show that by […]
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28Jul

Companies dilate payment terms as a means of financing

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Companies have come to dilate increasingly late payments of goods and services purchased in order to finance the growth of the respective business globally. Writing, July 20 (AP) – Businesses have come to dilate more and more time for payment of goods and services purchased in order to finance the growth of the respective business […]
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24Jul

Insolvent companies increased 5% in 1st half

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Construction is the area with more cases of insolvency. The number of insolvent companies in Portugal increased by 5% in the first half of 2015 compared to the same period 2014, a total of 2,918, according Cosec numbers known on Tuesday. According to the report ‘Cosec Insolvency 2015′, released by that insurer, between January and […]
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21Jul

Wages. Companies must 1.8 million workers

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Between January and June this year, the Authority for Working Conditions (ACT) detected 480 companies with unpaid wages for more than 60 days in the amount of 1.8 million euros. This amount corresponds to about a third of the 5.4 million euros in debt accounted for ACT throughout the year 2014, in 802 cases then […]
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20Jul

More than two million Portuguese emigrants in 2013

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Between two million and 2.3 million Portuguese were immigrants in 2013, mainly in Europe, according to UN data and the World Bank. Between two million and 2.3 million Portuguese were immigrants in 2013, mainly in Europe, according to UN figures and the World Bank, quoted in the Emigration Observatory report for the last year. The […]
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