18Nov

Number of households defaulting on credit in minimum five years

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In late September, there is a total of 636,578 families who could not meet their commitments with credits. In the third quarter of this year, 23 512 families no longer have credits undocumented. This figure, based on data published yesterday by the Bank of Portugal (BoP) in the Central Credit Register, is the largest quarterly […]
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17Nov

Portuguese already go on the Internet to prepare Christmas shopping

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Right now, nearly 3,000 Portuguese are comparing prices online, a number that promises to increase as the holiday season approaches. Mobile phones, tablets and laptops are among the most sought after and compared. The data comes from KuantoKusta, calculated based on the use of that online comparator, and reveal that the last three weeks, the […]
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13Nov

Portuguese prefer cuts in social benefits increased contributions

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Portuguese prefer a reduction in the current level of benefits of the welfare state to an increase in contributions or taxes, according to a study carried out in eight Member States of the European Union and released on Tuesday. The study, commissioned by the “Vision Europe Summit” – a network of “think tanks” (think tanks) […]
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12Nov

Non-performing loans declined slightly in September

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The bad debts of households and firms fell slightly in September to 18,969 million euros, after in August exceeded the barrier of 19,000 million euros, according to data released today by the Bank of Portugal. In September, the total of loans granted by banks amounted to 204,893 million euros, so the overdue loans of EUR […]
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10Nov

House: Beware the trap of low interest rates

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We live in a historic moment with the Euribor at minimum. Know that care be to prevent the provision of home threatens your budget when you resume normalcy in the rates. As the economic situation in the country gives signs of improvement, more and more Portuguese resort to credit to buy the house. In the […]
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09Nov

For 20 years we spare so little

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The portion of disposable income that Portuguese families manage to channel savings has been declining The household savings rate remains at minimum levels since at least 1995, the first year for which the INE provides this data, closing the year 2014 at 6.9% of disposable income. According to data from the National Statistics Institute (INE), […]
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06Nov

IRS: Two million taxpayers will be laid off in 2016

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All thanks to the new tax reform. Starting next year, about two million taxpayers will not be forced to give statements to the IRS tax authorities. This is because the new tax reform spread out the minimum income to present value.So far, workers against another and pensioners with annual incomes greater than 4,104 euros had […]
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05Nov

Over-indebted families pay 700 euros in loans with a thousand euros wages

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On top of the services considered essential by consumers, according to Deco, it is electricity, followed by water, gas and telecommunications. Only then comes the food and health. It increased the rate of effort of over-indebted households, which reaches 72%. An average salary of thousand euros, 700 euros are to pay the monthly installments, the […]
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04Nov

Companies waiting 170 million euros VAT state that they must

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The state is missing with some companies and smaller are resent. Portuguese companies, particularly micro and small, are experiencing difficult times due to lack of payment of VAT by the state. The warning was made by the president of the College of Accountants, Azevedo Domingues, who reveals to the newspaper i the debt is between […]
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03Nov

Lack qualified workers in areas with more jobs

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Lack of dialogue between employers and educational institutions is “brake on the dynamism of the Portuguese labor market.” According to a study by Hays, consultant in human resources, in Portugal there is a lack of “dialogue between educational institutions and employers.” Consequently, more and more qualified people to areas with few jobs, while other areas […]
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