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New €10 banknote arrives after summer 2014

The new Europa series €10 banknote will be unveiled on January 13 2014 and issued after summer next year, announced the European Central Bank today (November 26).

At a seminar in Brussels...

portugal,economist,Paul de Grauwe,austerity

A leading economist has said Portugal was wrong to try and ‘win the austerity beauty pageant’ and become the Troika’s favourite student. It did nothing for the country’s economy - and the way...

Managers, please raise low salaries if you can”

The government has given the green light to successful businesses to raise low salaries, but admits it cannot do so itself until the post-troika period.

Speaking to company managers in...

Portugal is set to receive €250 million worth of investments in a refreshing economic turn-around.

The announcement came earlier today in Parliament from Economy Minister António Pires de...

State coffers have swelled by over €143 million as a result of the government's new tax ‘pardon’ - a measure allowing debtors to pay off their debts without being fined, or charged eye-watering...

News this week is that Portugal may only be “weeks away” from officially ending its recession.
Sounds too good to be true? The prediction comes from Portugal’s deputy prime minister, Paulo...

When we think about financial security it’s surprising how many of us take little or no definite action, hoping things will somehow take care of themselves. If that sounds harsh, consider these...

The Bank of Portugal Governor believes the next step for growth within the European market is the creation of a Financial Union.
According to Carlos Costa, the importance of this union has...

The European Central Bank has announced that four Portuguese banks - Caixa Geral de Depósitos, Millennium bcp, Banco Espírito Santo and Banco BPI - will be subject to an asset quality review and a...

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