SATA resumes Lisbon-Azores link on June 15

Lusa,

The SATA announced that will resume flights from Lisbon to Ponta Delgada and Terceira, as well as between Funchal and Ponta Delgada.


President hopes EU Council will match Commission’s courage

Lusa,

Marcelo Rebelo de Sousa, Portugal's President, hopes that the EU Council would live up to the courage that he believed the European Commission had shown with its proposal for a recovery fund.



Altri increases production. But net profit down 81%

ECO News,

In the first quarter, the pulp manufacturer increased production and sales. However, the fall in the price of raw materials in international markets penalized the company.


EDPR wins energy contract in Italy. It has 1.3 GW in Europe

ECO News,

EDP Renováveis won a long-term contract, "at the Italian wind energy auction, for the sale of wind energy produced by two farms with total capacity of 54 MW," announced the company.




Benfica, FC Porto among top European football clubs by value

Lusa,

Benfica and FC Porto are on the list of the 32 European football clubs with the highest commercial value, according to a study released this Thursday by KPMG.



Consumers’ confidence recovers with deconfinement

ECO News,

Consumer confidence recorded the largest increase in the series, after showing in April the largest reduction from the previous month and the lowest value since May 2013.




TAP changes route recovery plan

Lusa,

TAP announced that it would adjust the route recovery plan because of the recent critics by several national authorities, including the government.




Portugal receives 15.5 billion euros in grants from the EU

ECO News,

If the European Commission's proposal is approved by the European Council, Portugal will receive 26.3 billion euros from the European post-Pandemic recovery fund.




Pandemic costs to 680 million euros until April

Lusa,

According to the Directorate-General for Budget (DGO), the coronavirus crisis cost 680.2 million euros in Portugal until April.


Prime minister says TAP route plan ‘has no credibility’

Lusa,

"No route plan defined by TAP has credibility without prior information on the border reopening strategy defined by the Portuguese Republic," António Costa said.