Of the approximately two million unemployed in Portugal between 2005 and 2016, only 1.1%, equivalent to 23,530 people, took part in the Monte Único, a Portuguese public program that allows anyone covered by unemployment benefits to receive the amount in advance. its grants (up to 47,791 euros) to start a business, according to a study […]
Tag: money
Collective bargaining resulted in fewer workers above the minimum wage
Last year’s update of collective agreements resulted in a significant reduction in the number of workers who, with the lowest compensations of the respective salary tables, saw a salary above the legal minimum wage in 2021, namely 665 euros. That percentage has fallen from 40% in 2020 to 16% in the past year, according to […]
What are NIL contracts in sports?
Name, image and likeness. These are the three keywords of the contracts in English NIL (Name, Image and Likeness), the legal avenue that has opened the door wide for brands and companies to increase sponsorship of college athletes in UNITED STATES. Although major leagues such as the NBA golf NFL monopolize the limelight from the […]
Home sales to foreigners rise by more than 70%
Real estate investments in Portugal continue to attract the attention of foreigners. The housing market data for the first quarter of this year leave no room for doubt. Sales of homes to citizens of other countries increased by more than 70%. Yesterday, according to the National Institute of Statistics (INE), European Union (EU) tax resident […]
OE2022: Economists point to budget surplus in first quarter
According to economists consulted by Lusa, the first quarter of the year could be marked by a slight budget surplus, reflecting an improvement in economic activity and a decline in spending ahead of the pandemic. The National Statistical Institute will announce this Friday the budget balance for the first quarter of this year, after a […]
IRS will repay a total of 2,420 million euros until Thursday
Until this Thursday, the tax authorities have repaid 2,420 million euros as part of the IRS campaign 2022, covering 2.4 million taxpayers, the Ministry of Finance reports today. “As part of the 2022 IRS campaign on revenues earned in 2021, the Tributary and Customs Authority (AT) has repaid approximately EUR 2,420 million until Wednesday, June […]
Opposition pushes forward 17 proposals for labor law reform
The government’s proposal to amend the Labor Act in the so-called Decent Work Agenda dropped a partial replacement of overtime pay, but former contraption partners, Bloco de Esquerda and PCP, jumped at the idea. The re-evaluation of overtime to pre-workout levelstroika it is part of a series of 17 bills already tabled by the opposition […]
ECB. Halve growth forecasts for this year and triple inflation forecasts
From January of this year to the beginning of June, dozens of predictions have been made by dozens of teams of economists and private sector experts (such as those who are part of the study bureaus of banks and financial advisers) and the trend is unequivocal : in less After six months The expected outlook […]
Celeste Hagatong and Ana Carvalho lead Banco do Fomento
The government has elected Celeste Hagatong to chair the board of directors of Banco do Fomento and Ana Rodrigues de Sousa Carvalho to assume the position of executive president (CEO), according to a statement to Lusa. In the note, the Minister of Economy and the Sea, António Costa Silva, indicated that Celeste Hagatong “has a […]
Portugal leads the decline in fixed internet prices in Europe with a 4.7% drop
The Association of Electronic Communications Operators (Apritel) said on Wednesday that Portugal is “leading the way in the decline in fixed internet prices” in Europe, falling 4.7% in the past 12 months, against a 0.9% increase. in the EU27. “Portugal leads the way in the price decrease of fixed internet services. On average over the […]