Portugal | Tags | Econostrum | Economic News in the Mediterranean

Irena sees Morocco as a future green hydrogen giant

01/18/2022 | Environment

MOROCCO. According to the latest report "Geopolitics of the energy transformation: the hydrogen factor" by the International Renewable Energy Agency, "the rapid growth of the global hydrogen economy can lead to major geo-economic and geopolitical upheavals and a wave of new interdependencies".

Southern European passports among the most "powerful" in the world

01/13/2022 | Society / Institutions

MEDITERRANEAN. As it has done every year for the past 17 years, the British consultancy Henley & Partners has drawn up a hierarchy of the most powerful passports in the world, those that allow their holders to access the greatest number of destinations without having to apply for a visa...

Twenty years of the euro

01/04/2022 | Society / Institutions

EU. The euro, which became the single currency on 1 January 2002, is celebrating its 20th anniversary and is now the common currency of 19 of the 27 Member States of the European Union.

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European Commission approves €2.55bn state aid for TAP Air Portugal

12/23/2021 | Transport

PORTUGAL. The airline group TAP will be able to benefit from €2.55 billion in State aid, but in exchange and in the name of competition, it will have to free up slots and reduce its fleet.

Brazil, EU, European Commission, European Union, Marcelo Rebelo de Sousa, Margrethe Vestager, Portugal, Portugalia, Tap Air Portugal, Transportes Aéreos Portugueses

Italy restricts entry to its territory for the holiday season

12/16/2021 | Society / Institutions

ITALY. The Italian Ministry of Foreign Affairs and the Republic of San Marino have decided to tighten entry requirements for the holiday season.

Air traffic: collapse confirmed for 2020 and aborted recovery in 2021

12/07/2021 | Transport

EUROPE. The air transport sector lost 73% of its passengers in Europe in 2020. 2021 will be less catastrophic, but will also remain a black year.

Beneteau strengthens its presence in Portugal

12/03/2021 | Industry

FRANCE/PORTUGAL. Less than three months after the purchase of Starfisher, the French group carries out a second external growth in Portugal with Rodman Lusitania.

Beneteau, boats, Cerveira, France, Gandra, Groupe Beneteau, Jérôme de Metz, Portugal, Rodman Lusitania, Starfisher

Inflation in the Mediterranean

12/02/2021 | Society / Institutions

MEDITERRANEAN. The situation varies from worrying to dramatic depending on the country.

Algeria, Egypt, Europe, Eurostat, France, Greece, inflation, Italy, Lebanon, Malta, Mediterranean, Morocco, Portugal, Spain, Tunisia, Turkey, World Bank

Morocco secures its gas supplies

12/02/2021 | Industry

MOROCCO/ALGERIA. Deprived of Algerian gas, Morocco signs an LNG supply contract with Sound Energy.

Algeria, gas, GME, liquefied natural gas, LNG, Maghreb Europe Pipeline, Moroccan National Office of Electricity and Drinking Water, Morocco, ONEE, Portugal, Sound Energy, Spain, Tendrara

R&D spending falls by €1bn in the EU

11/30/2021 | Society / Institutions

EU. Research and development expenditure in the EU Member States amounted to around €311bn in 2020, a drop of €1bn compared to 2019 according to Eurostat,

Covid-19, Croatia, Cyprus, EU, European Union, France, Greece, Italy, Malta, Mediterranean, Portugal, R&D, research and development expenditure, Slovenia, Spain, statistics

Italy and Spain overtake France on the world wine podium

11/09/2021 | Environment

WORLD. World wine production in 2021 is expected to be 4% lower than in 2020 with 250 million hectolitres. The top three producers, Italy, Spain and France, are particularly affected.

The Portuguese will go to the polls in January 2022 for early legislative elections

11/09/2021 | Society / Institutions

PORTUGAL. The break-up of the ruling left-wing coalition, following the rejection of the 2022 budget bill in Parliament, leads Portuguese President Marcelo Rebelo de Sousa to dissolve the National Assembly.

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The UfM accelerates access to higher education for displaced populations

10/21/2021 | Society / Institutions

MEDITERRANEAN. The Union for the Mediterranean approves the establishment of a Rapid Response Mechanism to promote access to higher education for displaced populations in the Euro-Mediterranean region.

France's EA Pharma to acquire Spanish group Drasanvi

10/21/2021 | Industry

FRANCE / SPAIN. The pharmaceutical group EA Pharma enters into exclusive negotiations with Drasanvi, with a view to acquiring a majority stake in the Spanish group.

The European Commission wants to spend €1.2 million on former Basque metal workers

10/07/2021 | Industry

SPAIN. Employees made redundant in the metal sector should receive aid from the European Globalisation Adjustment Fund to find a new job or retrain.

Attica, Centro, Covid-19, economic crisis, EGF, European Commission, European Globalisation Adjustment Fund for redundant workers, Greece, Lanbide, Lisboa, Lisbon, metallurgy, Nicolas Schmit, Norte, Portugal, Spain

Minimum wage boost in France and Spain

09/21/2021 | Society / Institutions

FRANCE/SPAIN. France and Spain give a boost to the minimum wage. In gross monthly terms, it will rise to €1,589 in France (1 October) and to €1,125 in Spain (retroactive to 1 September).

Croatia, France, Greece, Israel, minimum wage, Portugal, Spain, Turkey

European Commission approves recovery plans for Portugal, Spain and Greece

06/17/2021 | Society / Institutions

EU. Measures against climate change are at the heart of the three recovery and resilience plans for Portugal, Spain and Greece, validated by the European Commission.

climate transition, Covid-19, digital transition, European Commission, FRR, Greece, NextGenerationEU, Paolo Gentiloni, Portugal, Recovery and Resilience Facility, recovery and resilience plans, Spain, Ursula von der Leyen, Valdis Dombrovskis

European Council endorses the use of a common debt issue

06/01/2021 | Society / Institutions

E.U.. The European Commission will be able to launch the process of issuing a common debt on the own resources of the twenty-seven Member States. A first.

António Costa, Covid-19, European Commission, European Council, European Union (EU), France, Italy, Next Generation EU, NextGenerationEU, pandemic, Portugal, Spain

Two floating wind projects to emerge in the Mediterranean

05/20/2021 | Environment

FRANCE. The Occitanie and Provence-Alpes-Côte d'Azur regions will host two floating wind farm projects of 250 MW each. A public debate will start in July 2021 to validate their opportunity, impacts, characteristics and define their locations.

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EU Member States commit to a more inclusive and social Europe

05/10/2021 | Society / Institutions

EU. At the Social Summit in Porto, all 27 EU Member States committed themselves to achieving the objectives set out by the European Commission in the European Social Rights Action Plan.

António Costa, Covid-19, employment, European Commission, European Union (EU), Porto, Portugal, social and solidarity economy, social rights, training, Ursula von der Leyen