The number of people employed at the EU level (EA19 and EU28) increased by 0.4% in the second quarter of 2018 in comparison to the same quarter last year. In Portugal, it went down by -0.3%.
The president of CP - Comboios de Portugal, is at the Parliament discussing the company's current situation. Carlos Nogueira admitted the lack of investment, yet undervalued the financial issues.
The Portuguese use public transports (trains and buses) much less than other EU countries. Also, in terms of investment and I&D, Portugal shows a performance well at the bottom of the EU.
The main index of the Lisbon Stock Exchange, the PSI20, was trading down by 0.25% at 5,523.34 points mid-morning on Tuesday after opening up by 0.04%, penalised by Navigator and Galp.
India's ambassador to Portugal, Nandini Singla, said on Monday that the political relationship between India and Portugal is "fantastic" and called for the countries' people to have closer ties.
The European Commission decided to extend the financial aid to the Portuguese banking system up until the 9th of February 2019. The aid scheme consists in giving aid to eligible credit institutions.
ECO had access to a part of the Economist Intelligence Unit's report on the Portuguese economy outlook, and we talked to the economist in charge of the analysis from the British magazine.