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Portugal Feb Inflation 0.2% On Yr Vs 0.2% In Jan

MADRID (Dow Jones)--Portuguese annual inflation in February was unchanged from January, data from Portugal's National Statistics Institute showed Wednesday. …   read more»

Portugal business confidence hits record low

Portugal's economic climate indicator, which measures business confidence, slumped to a record negative reading of 2.9 in February from January's minus 2.5, the National Statistics Institute (INE) said on Thursday.…   read more»

Portugal ‘08 tourism income hits record high

Portugal's tourism income hit a record high of 7.5 billion euros ($9.45 billion) in 2008, in spite of the economic crisis that started in the second half of the year, the economy ministry said on Thursday.…   read more»

João Navalho, a microbiologist fresh out of graduate school

OLHÃO, Portugal: In the early 1990s, João Navalho, a microbiologist fresh out of graduate school, came to the salt marshes in the Algarve region with a handful of young partners to grow and harvest microalgae. Their dream was to market the algae's beta-carotene as natural orange dye for the fast-growing organic food market.…   read more»

Director-General of Autoeuropa removes redundancies in Palmela

The Director General of the Autoeuropa ensured that the Portuguese subsidiary of Volkswagen has room to withstand the crisis without being forced to resort to layoffs. The exemption of workers this year is a scenario rejected by Andreas Heinrichs, which is before the cuts in production and flexibility as cornerstone of the company's strategy to resist the difficulties posed to the current juncture.…   read more»