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Salgado elected “the worst CEO of 2014”

Former Banco Espírito Santo (BES) boss Ricardo Salgado has been named the “Worst CEO of 2014” in an "exhaustive study" highlighted by the BBC.

Study author, professor of strategy and...

Tax authorities warn of fake emails

Malware || Portugal’s tax authority has issued a warning over a fake email being sent out in its name.

The mail is designed to plant 'malware' in users' computers.

Says AT (...

Social Security rapidly running out of money for future pensions

The “devil is in the detail”: next year’s budget shows that Social Security will be unable to pay future pensions by 2030. That’s 20 years earlier than the government first predicted. As if this...

Black day for Lisbon stocks

The day after moneymen in the US went public on warnings of an imminent stock market collapse, trading in Lisbon has hit a new low with losses reported of more than 2%.

A leading casualty...

Portugal is “no longer the ugly duckling”

As ratings agency Fitch upgraded Portugal’s position to “positive” (see story HERE), political...

Fitch upgrades Portugal to “positive”

Ratings agency Fitch has upgraded its outlook for Portugal to “positive” and maintained the country’s credit rating at BB+.

“Portugal is making...

More than 181,000 families were in states of default over mortgage payments in Portugal last year. The news came this week when the Bank of Portugal revealed its latest figures for 2013. Of the...

SIREVE integrates the set of strategic measures undertaken by the government for the revitalisation and restructuring of companies. It aims to improve the conditions for the recovery of companies...

Need help filling out your tax return?

Portugal’s association of foreign residents, afpop, is again holding tax seminars in association with euroFinesco to help those who need to meet their tax reporting obligations.

The afpop...

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