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Lisbon wins the Green Capital of 2020 Prize – Observer

The Lisbon City won the European Green Capital 2020 Prize, European Union Environment, Maritime Affairs and Fisheries Commissioner Karmenu Vella announced Thursday at a ceremony held in Nijmegen, The Netherlands [19659002] According to the European Commission, this award is awarded annually to acknowledge efforts for cities with a plan to become environmentally friendly and involve their people in environmental, social …

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Portugal and Macau Update Protocols to avoid double taxation

Portugal and Macau signed a protocol on Thursday to amend the convention on the avoidance of double taxation and to prevent tax evasion with respect to income taxes, announced the Ministry of Finance. "This agreement, signed in Macao on 28 September 1999, was not updated in the light of current OECD recommendations on international taxation. The protocol was signed by …

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Captive taxi driver pretending to be robbed for money

On Wednesday, Loures PSP identified "a man of 47 years of age to suspect he performs a simulation of robbery" after he had filed a complaint. In a statement sent to TVI24, PSP states that "after a theft report, the taxi driver was the one who had been misled by specialized teams who realized a series of indications that contributed …

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Reduction of fuel tax was approved. What now?

It is not certain that the action taken today in Parliament will be reflected in the final price of fuel The Petroleum Product Tax (ISP) decline, which affects fuel prices, was approved today in parliament. Of the four initiatives that were on the table, the CDS Bill and the draft resolutions of PSD and PCP were reviewed by the deputies. …

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Portugal among the best foreign investment objectives in Europe

Portugal is one of the best investment targets in Europe, in front of Spain, France and Germany, in an Ernst & Young report released today, putting a new record for foreign investment in the country in 2017. "The study highlights Portugal's results in relation to foreign direct investment (FDI) in terms of investments and perceptions, positioning it among the best …

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Retro design will make power carriers

Vehicles that have collapsed in the past are moving to come back to life and wake up, as before, to the wishes of consumers. But now, like electricity. See what they are! Francisco Mota is one of the most accredited car journalists in Portugal. He is a member of the "Car of the Year", the International Jury, who annually chooses …

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Caixa places the debt of 500 million euros without major investors of BES

Caixa Geral de Dep√≥sitos (CGD) has already invested EUR 500 million in subordinated loans according to the capitalization plan agreed with Brussels. This operation, which stands for shareholding (Level II), was released on the market with international investors at an interest rate of 5.75% for ten years. The 5.75% interest rate according to Bloomberg's news agency, guaranteed for the first …

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The decline in fuel tax will pass. PCP makes suggestions

Parliament discusses the reduction of the tax on petroleum products The reduction of the tax on petroleum products (ISP), which affects the price of fuels, will be approved in parliament. Deputy Bruno Dias, who will make proposals profitable, although he has criticized the right and stressed that the CDS proposition "can not stay as it is". The position of PCP …

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