12 June 2011
Rating agency Moody’s placed seven Portuguese banks under review for a potential downgrade, citing pressure on Portugal’s sovereign credit profile and a challenging operating environment which will further restrict banks’ access to market funding and capital. Moody’s cited Caixa Geral de Depósitos (CGD), Banco Comercial Português (BCP), Banco Espírito Santo (BES), Banco Santander Totta, Banco […]
11 June 2011
By Carolina Matos, Editor — According to Ana Miranda, creator and organizer of the 1st New York Portuguese Short Film Festival, the event was “a tremendous success.” Held on June 2 and 3, the Festival was organized by the Arte Institute, based in New York City. The two-day event, hosted by the Anthology Film Archives and New York […]
Posted in Community, Entertainment, Featured, Film, Interviews, People
10 June 2011
Tap Air Portugal and the National Union of Civil Aviation Flight Attendants have reached an agreement Friday resulting in the cancelation of a 10 day cabin crew strike scheduled for June 18, 19, 20, 25 and 26, and for July 1, 8, 15, 22 and 29. The strike was announced on June 1 to protest […]
09 June 2011
The Day of Portugal is a national holiday celebrated by the Portuguese nation every year on June 10. The date also celebrates the life of Luis de Camões, Portugal’s national poet who died on the 10th of June 1580. Camões wrote “Os Lusiadas,” Portugal’s national epic poem celebrating 16th century Portuguese history and achievements. For the […]
09 June 2011
António (Tony) Frias, President and CEO of S&F Concrete Contractors based in Hudson, MA, was one of the two winners of the fourth edition of the 2011 COTEC Enterprise Innovation Award. The other winner was João Mena de Matos founder of European Design Centre (EDC) based in the Netherlands. The award ceremony, presided by the President of Portugal, Aníbal […]
Posted in Awards, Community, People, Santa Maria
09 June 2011
More than 23, 700 Portuguese emigrated last year, reported Wednesday Lisbon based Diário Económico. It is the second largest emigration wave since the beginning of the millennium, only surpassed by the 26,800 emigrants registered in 2007. Many are young professionals with college degrees trying to escape the economic debacle. Portugal’s National Statistics Institute (INE) says the country has slipped […]
