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Portugal: TAP estimates savings of €30 million in fuel costs

Portugal's flag carrier TAP estimates savings of €30 million in fuel costs next year thanks to the renovation of its fleet, TAP's financial director Raffael Quintas said on Thursday

Portugal: Cabinet approves Basic Law to ‘ensure access to quality healthcare’

Portugal’s government on Thursday approved the new draft Basic Law on Health, whose declared aim is to "ensure the best health promotion and protection, including appropriate access to quality healthcare"

Banking to benefit from stronger real estate market in Portugal, says Moody’s

The rating agency Moody's considers that Portuguese banking is one of the main beneficiaries of the "stronger" real estate market that currently exists and that it leads to a better bad credit situation.

Portugal: Consumer credit rises 14 pct – BoP

Banks in Portugal lent €397 million in new consumer credit in October, with the total amount since January rising to €3.88 billion, 14% more than in 2017, the Bank of Portugal revealed on Tuesday

Portugal: Government praises results, relations with Angola, China

The Portuguese Socialist Party praised the results of the country's governmental policies on Tuesday, namely in efforts to combat inequality and poverty as well as its positive relations with Angola and China

Portugal: Government praises results, relations with Angola, China

The Portuguese Socialist Party praised the results of the country's governmental policies on Tuesday, namely in efforts to combat inequality and poverty as well as its positive relations with Angola and China

Portugal: ‘Several possible options’ if Britain rejects Brexit deal – minister

Portugal's minister of foreign affairs on Monday said there were "several possible options" if the British parliament rejects the Brexit deal

Portugal: National Archive willing to take Mário Soares foundation artefacts

The director of Lisbon's 'Torre do Tombo' National Archive said on Monday there had been contacts from the Mário Soares foundation (FMS) for the transfer of documents in their possession, as there is “availability” but he warned about “legal problems.”

Portugal: Moody’s increases banking sector outlook to ‘positive’

Financial rating agency Moody's on Monday announced its outlook for the Portuguese banking system had increased from 'stable' to 'positive' reflecting an expected improvement in banks' credibility over the next 12 to 18 months.

Portugal and Russia signed roadmap for economic development

Portugal and Russia today signed a roadmap for boosting cooperation, which includes actions to promote increased trade in goods and services, the Office of the Deputy Minister of Economy of Portugal announced.

Israel likely to allow medical cannabis exports by year-end: senior MP

Israel will likely allow exports of medical cannabis by the end of the year, a top lawmaker said on Thursday, a move that would boost state coffers and slow the growing number of firms establishing farms abroad.

Macau | Portugal and China Governments highlight city’s role as bridge between the two countries

A joint declaration by Portugal and China today highlights the role of Macau as a "bridge" between the two countries, as 2019 marks the 20th anniversary of its "handover" to China

Portugal: Relations with China ‘best ever’; shared goals on climate – president

Portugal’s president, Marcelo Rebelo de Sousa, has described relations with China as being the "best ever in history" at this moment, and expressed confidence that the two countries can team up in an "active fight" against climate change

China to stick to ‘mutual respect’ in dealings with world: Xi

Chinese President Xi Jinping said on Wednesday that China will always stick to "mutual respect" in its efforts to deal with global challenges.

Portugal: Ethics committee condemns gene-edited babies experiment

Portugal's National Ethics Committee for Life Sciences (CNECV) on Monday condemned the recent claim made by a Chinese researcher that he had carried out a genetic modification with human embryos, saying it is ethically unacceptable and carries risks

China wants to strengthen partnership with Portugal – Xi

China wants to strengthen its relations with Portugal through a strategic partnership that aims to take advantage of the Iberian country's important location along Beijing's road and belt initiative, China's President Xi Jinping wrote on Sunday.

Portugal: President concerned with European and world context

Portugal's president, Marcelo Rebelo de Sousa, said on Friday he was concerned with the European and world context, but he hoped next year would not be as complicated as some experts deem

PR calls for participation in the Food Bank campaign and warns that the way out of the crisis “is slow and uneven”

The President of the Republic called on the Portuguese to participate this weekend in the food collection campaign of the Food Bank against Hunger, and stressed that the exit from the crisis "is slow and uneven."

Prison guards start four-day strike

Prison guards began a four-day national strike, protesting against new working hours and delaying the defrosting of echelons, among other demands.

Portugal’s parliament passes deficit-shrinking 2019 budget

Portugal's parliament approved in the final reading the minority Socialist government's 2019 budget bill that aims to nearly eliminate the deficit in an election year, further reducing Portugal's debt burden, still one of Europe's heaviest.
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