The Portugal News - Portugal's National Newspaper in English covering the Algarve, Lisbon, Sports and Business


Read this week's issue online exactly as it appears in print. Click on the image below.
 



4th February 2012
Edition: 1150


PSI-20: Stocks close almost 2% higher; US data helped
PSI-20, the Portuguese benchmark index, closed Friday’s session 1.8% higher at 5,490.65 points, in line with the main European bourses and US stocks, as better-than-expected data concerning the US labor market helped boost investors’ sentiment. However, markets are still monitoring the ongoing negotiations between the Greek government and private creditors.


Living costs soar
The beginning of February was marked by additional price hikes, such as electricity, tolls and ordinary products which will start reflecting the rises introduced over the past month.
End of Allgarve
Allgarve could be scrapped this year due to a lack of funding, says ERTA President.
EU summit results
Portugal's PM has welcomed the decisions of the EU summit on greater fiscal discipline.
Traffic halved on A22
Official figures revealed this week have confirmed the obvious, that the number of cars travelling on the now tolled A22 motorway, has been halved.
‘Jurassic Park’ for Portugal
The municipality of Lourinhã in central Portugal has announced it will be opening the world’s largest ‘Jurassic Park’ around Easter 2013.
2009 Survey
Airlines
Comment
Crime
Environment
Finance
Formula 1
Health
Investment in Portugal
Madeline Mccann
News
Politics
Property
Religion
Shopping and retail
Sir Cliff Richards wine
Space Centre
Sport
Tourism
Transport
  Algarve Lisbon Porto
Today
12ºC

11ºC

11ºC
Sun
15ºC

15ºC

13ºC
Mon
17ºC

16ºC

14ºC
Tue
17ºC

15ºC

14ºC
Wed
16ºC

15ºC

14ºC


PSI-20: Stocks close almost 2% higher; US data helped

Spy agencies not in confusion - Passos Coelho

Banks whammied, earnings negligible

Restructured map of parish councils due by July

Civil protection geared up for wintry weather

State sells 40% of power distribution utility for just under €600mn

Gay adoption rights going to legislature

Transport strike complicates life, but falls short of union targets