Tag Archive | "Economy"

The Shift From a Beer-Based Economy to a Currency-Based Economy Is Tricky

Government workers used coupons to buy foreign beer, which they sold on the black market, and a few cases could even buy a plane ticket to Lisbon on the subsidized state airline. The currency was revalued in late 1999, when six zeros were dropped. Full News here – Lisbon – Bing News

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Sharing Economy Faces Patchwork of Guidelines in European Countries

LISBON — Start-ups like Uber and Airbnb want European consumers to embrace their companies. Yet when it comes to persuading policy makers, these companies have run into regulatory hurdles that have exposed the European Union’s uneven response to … Full News here – Lisbon – Bing News

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Portugal Telecom Net Drops on 'Challengint' Local Economy

Portugal Telecom Net Drops on 'Challengint' Local Economy Net income dropped to 68.8 million euros ($ 84 million) from 82.3 million euros a year earlier, the Lisbon-based company said today in a statement. Sales fell 9.4 percent to 1.63 billion euros. Profit beat the 63 million-euro average of 12 analyst … Full News here – […]

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