18 novembro 2013

Riscos crescentes no crédito à habitação na Grã-Bretanha

A correção nos preços das casas britânicas teve o mais rápido crescimento de risco citado pelos bancos numa pesquisa publicada pelo Banco da Inglaterra (BoE) na passada segunda-feira .
A última pesquisa semestral do banco central de ameaças económicas vistas pelos bancos, construtoras, seguradoras e gestores de ativos destaca o impacto de baixas taxas de juro sobre os preços das casas que têm subido acentuadamente.
Aumentou a perceção de risco em torno dos preços dos imóveis.

As preocupações surgem concentradas quase exclusivamente no mercado residencial, onde se foca o risco numa eventual correção dos preços das casas.
De acordo com o BoE, não existe bolha imobiliária.
O BoE informa que as duas maiores preocupações entre os bancos e outros players do setor financeiro se concentra nos níveis de dívida pública na Europa e nos Estados Unidos e a ameaça de uma recessão económica.

fonte:

The Portuguese economy is no longer sinking

Unemployment declined and employment increased. The interest rates on government debt are decreasing. However the framework of the Portuguese economy has remained unfavorable in 2013. The reduction of public expenditure Portuguese declined for the third year, reflected in personnel expenses and costs of procurement of goods and services.

Ireland is out of the scope of the troika without insurance program precaution, even though it may come to use it later. The crisis in the euro area is controlled, but not resolved. Portugal is able to enter a new phase. Depends who directs the destinies of Portugal. The government, the opposition, the President and the Constitutional Court. But still the deteriorating situation in the labor market, especially the reduction of the workforce, job losses, significant growth of long-term unemployment.

17 novembro 2013

People talking about poor people

One of the worst things that are happening in Portugal there is a bunch of people talking about poor people who are not poor and who, on behalf of the poor, want to defend your income. 

People talking about poor people
People talking about poor people


Most pensioners are not poor and are pretending to be poor. And the real poor nobody talks or when he speaks, is to give rights to all other.

Redução dos 24 meses de fidelização contratual.

O mercado das telecomunicações, no seu estado atual, não permite aos consumidores beneficiar das várias ofertas disponíveis. 
A principal razão é a imposição pelos operadores de períodos contratuais mínimos de 24 meses e de penalizações pelo seu incumprimento.

24 Meses é um período excessivo e desincentivador da mudança de operador, penalizando os consumidores, não só porque impede novas e melhores ofertas, mas também porque não responde aos desafios da sociedade portuguesa atual.

Paralelamente, sempre que o consumidor tenta mudar de operador durante este período mínimo, são lhe cobrados encargos desproporcionados.

16 novembro 2013

Public officials with cuts from 675 euros in their salaries

Portuguese Government accepts few changes to the State Budget (OE) proposed by the PSD and CDS.

Public officials with cuts from 675 euros in their salaries


The Government passed the bar from which there will be cuts in civil servants' salaries go from 600 euros to 675 euros. The disposal of the Ministry of Finance comes after several days of negotiations with the PSD bench, which had proposed that the stakes were higher minimum.

14 novembro 2013

Portugal out of technical recession

The Portuguese economy grew in the third quarter, with GDP rising 0.2% over the second quarter, but still remained in negative values ​​when compared with the same period last year (same period), according with the estimate of Gross Domestic Product (GDP) in the third quarter, released today by the Instituto Nacional de Estatística (INE).

Portugal out of technical recession
Portugal out of technical recession


This increase of 0.2% in GDP in the third quarter over the second quarter, comes after a 1.1% growth in the second quarter of the year compared to the first three months of the year.

This shows the output of Portugal's technical recession which lasted two and a half years.

However this conclusion does not solve the problem of unemployment or the pressure reducing wages.

source:
http://www.ine.pt/

13 novembro 2013

Portugal has more billionaires and these are richer despite crisis

The European countries with the most billionaires are Germany (17,820) , United Kingdom (10,910), Switzerland (6,330) , France (4,490) and Italy (1,625).

The number of billionaires in Portugal - with fortunes in excess of 25 million - increased by 10.8 % to 870 people last year, despite the crisis being experienced in the country, according to a report by Swiss bank UBS.

Portugal has more billionaires and these are richer despite crisis

The "Report of the 2013 World Ultra Wealth" in Portugal confirms that not only increased the number of billionaires increased as the total value of their fortunes, from 90 to 100 billion dollars (up 11.1 %).

According to this study the increase in the number of billionaires in Portugal , one of the countries most plagued by crisis in Europe , was higher than the European average (8.7) and the value of their wealth has also increased to a value greater than the growth in average Europe (10.4%) .

The crisis seems to have been too favorable to large fortunes in the country worse off in recent years, Greece , where the number of billionaires grew by 11% (to 505) and the value of their wealth increased by 20 % (to 60 billion euros).

Rising minimum wage in Portugal

The President of the Economic and Social Council (CES), José Silva Peneda, criticizes the "obsession" of the 'troika' in reducing labor costs in Portugal and defends the rising minimum wage, opposing the position of the creditors .

If there is material that is typically social dialogue is the national minimum wage (NMW) and political power have to legislate about it. But clearly, the first sign is the social agreement that should give the social partners and have shown themselves more than available to discuss the matter, but the 'troika' does not.

Rising minimum wage in Portugal

It is important that the social partners could negotiate, the rise in the minimum wage in Portugal, currently in 485 euros .

However, they can not be applied, since it does not allow the troika until June. But all the social partners, including employers confederations, have shown themselves available to implement this increase from January next year.

12 novembro 2013

Alentejo wine exports to China rise 170% in five years

China now represents 4. º export market for wines from Alentejo, Portugal, outside the EU, with exports increasing 170% over the past five years, according to data from the Alentejo Regional Wine Commission (CVRA). 

The Chinese market has enjoyed steady growth for Alentejo wines, although it is a small export base. 
  
Citing statistics from the past five years, between 2007 and 2012, exports to China "represented 170% growth", which demonstrates the potential of this market and the investment by the wine companies. 
  
Sales of Alentejo wines have always been growing and China is no longer the 6. º to become the fourth. Third largest export market, ranking third countries (outside the EU). 

Alentejo wine exports to China rise 170% in five years 
  
Last year, according to the CVRA, exports to the Chinese market accounted for 7.05% of the total sales of wines from Alentejo (DOC Alentejo and Vinho Regional Alentejo) to outside the European Union. 
  
In volume, the Alentejo exported to China close to 208,000 liters of wine in 2007, but five years later, "the Chinese market represents more than half a million liters." 
  
In absolute terms, it is still one of the biggest markets, but sales have increased and this should be taken into account.

The interest of the sovereign debt of Portugal are down to two years and up to five to ten years, in which time remained below 5 respectively and 6%.

Interest to two years are falling steadily since there are 12 consecutive sessions closing below 4%, ie at levels recorded in August.

Today were being traded at 3.301%, down from 3.348% to close Monday, the day ended below 4%, by 12.

Session in a row since August 28. On 13 September, the interest in this period closed at 5.987%, its highest level since the beginning of the year.

Tax amnesty yields over 143 million in first week

The Portuguese Ministry of Finance indicates that the amount collected under the "tax amnesty" for taxpayers with tax debts exceeded 143 million in just over a week.

Tax amnesty yields over 143 million in first week

The Minister of Foreign Affairs of Portugal - Rui Machete - tries to mend speech

The Minister of Foreign Affairs of Portugal - Rui Machete - tries to mend speech

Portugal is out of technical recession


After the controversy surrounding their recent statements by the Minister of Foreign Affairs of Portugal, has said that the rate of 4.5% was only a "mere possibility" and prefers to say now that "Portugal is out of technical recession"

08 novembro 2013

Planos de reestruturação para os bancos portugueses CGD, BCP e BPI

Em julho de 2012, pode lêr-se o seguinte acordo firmado entre Portugal e a Troika:


Portugal, a Comissão Europeia, o Banco Central Europeu (BCE) e o Fundo Monetário Internacional (FMI) concordaram num programa de ajustamento económico. 

A recapitalização do setor bancário Português faz parte desse programa. 

Planos de reestruturação


A necessidade de apoio do Estado para o sector bancário português foi, em grande parte causada por uma combinação do ambiente económico difícil, a crise da dívida soberana, e um endurecimento das exigências de capital para os bancos.

As medidas de recapitalização, permitiram que os três bancos (CGD, BCP e BPI) cumprissem os requisitos do teste de esforço aplicáveis (stress tests) ​​e manter uma margem de segurança, tal como solicitado pela Autoridade Bancária Europeia.

fonte:

Portuguese Unemployment at two speeds

There are close to 840,000 unemployed people in Portugal and 56 000 are in this situation for over a year. The figures for the third quarter of 2013, such as the Instituto Nacional de Estatística (INE) released, are still alarming. Unemployment Rate in Portugal decreased to 15.60 percent in the third quarter of 2013 from 16.40 percent in the second quarter of 2013.

Portuguese Unemployment at two speeds
Portuguese Unemployment at two speeds
But also conveyed signs of improvement in the labor market, more consistent than a mere result of seasonal effects.

source:
http://www.tradingeconomics.com/portugal/unemployment-rate