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  <lastBuildDate>Sun, 28 Jun 2009 13:27:48 -0000</lastBuildDate>
  <pubDate>Sun, 28 Jun 2009 13:27:53 -0000</pubDate>
  <title>Datafile Portugal |  latest  news feed</title>
  <description><![CDATA[ Datafile Portugal |  latest  news feed]]></description>
  <link>http://www.datafileportugal.com/Payforaccess.htm</link>
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  <copyright> 2001 and all subsequent years - Datafile Portugal</copyright>
  <managingEditor>editor@datafileportugal.com</managingEditor>
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  <category>Portugal Business, Tourism briefs</category>
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     <title>How the BCP mighty have fallen</title>
     <description><![CDATA[Banking: 
Five former board members at the MilleniumBCP Bank (listed, and private sector flagship) have been formally charged with causing €600 million worth of losses to the bank. Former chairman and bank founder, Jorge Jardim Gonçalves, along with Christopher Beck, Filipe Pinhal, António Castro Henriques and António Rodrigues were June 25 charged by the attorney general with crimes allegedly involving responsibility for the loss  to shareholders and of improperly receiving €24 million in performance-related bonuses.......(more)  Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:05:07 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23881</link>
     <author>editor@datafileportugal.com</author>
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     <title>More attacks on BoP governor</title>
     <description><![CDATA[Banking: 
BoP–Bank of Portugal governor Vítor Constâncio (a former finance minister in a PS-Socialist government and ex-PS leader) has came under further fire, this time from the Ombudsman. Parliamentarians have already attempted to force him to resign following parliamentary hearings into the collapse of the BPN bank.....(more).... ........Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:06:23 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23889</link>
     <author>editor@datafileportugal.com</author>
     <category>Feed to paid subscribers</category>
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     <title>Fiscal burden in Portugal rose</title>
     <description><![CDATA[Tax: 
Eurostat says June 22 the tax load in Portugal increased between 2002 and 2007 rowing against the trend elsewhere in the euro-zone but it remains lower than the average for the 27-member EU and the 16 Eurozone states. The tax load is measured by the weight of tax revenue in the GDP. This increased 2.5 percentage points in Portugal, from 34.3% in 2000 to 36.8% in 2007. Within the EU27 it moved down from 40.6% of GDP to 39.8% over the same period,  while in the euro-zone it dropped 0.8 points................(more) Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:07:19 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23890</link>
     <author>editor@datafileportugal.com</author>
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     <title>Year end results set to be very poor</title>
     <description><![CDATA[Tourism: 
Despite the global economic crisis Portuguese tourism industry in 2008 reported earnings in excess of €7 billion, one of its best ever results says a June 22 report. But as the crisis continues to worsen the industry, accounting for 11% of GDP,  is bracing for far worse results by year end. Even so some in the Portuguese industry believe the country will not be suffer as badly as main rivals such as Spain. ......... .......(more) Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:20:01 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23895</link>
     <author>editor@datafileportugal.com</author>
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     <title>Douro, yet another new tourism plan</title>
     <description><![CDATA[Tourism: 
Ricardo Magalhães manager of EMS-Estrutura de Missão do Douro, the Douro Task Force says making the Douro valley an alternative attraction for tourists requires an effort to overcome the deficit in advertising, amenities and supply of poorly diversified accommodation in the Douro. ............... .(more) Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:21:30 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23896</link>
     <author>editor@datafileportugal.com</author>
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     <title>Footfall decline worst in Europe</title>
     <description><![CDATA[Distribution: 
The number of Portuguese shoppers visiting major shopping centres has been falling since early January 2009 while the number of new shopping centres openings has been expanding market research shows. Experian Footfall says June 21 that its research in Portugal shows a drop of 8.4% in May 2009 by shoppers visiting major shopping centre..... ..........(more).......Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:22:08 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23892</link>
     <author>editor@datafileportugal.com</author>
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     <title>Whale watching worth €15 million</title>
     <description><![CDATA[Newswatch: 
Two recent reports confirm the growing economic importance of whale watching which in Portugal is said to generate €15 million/year. The World International Whaling Commission released a report at a Funchal, Madeira meeting June 24 showing the activity generated €1.5 billion/year globall.............(more)  Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:22:57 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23887</link>
     <author>editor@datafileportugal.com</author>
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     <title>oreign debt now 101% of GDP</title>
     <description><![CDATA[Indicators: 
Portugal’s external debt is now 101% of GDP according to a June 24 BoP–Bank of Portugal report. BoP said the external debt level as of March 2009 now exceeds government’s estimated GDP for all of 2009.  International investment – an indicator of total external debt – increased 10% in Q1 2009 year-on-year to €164.7 billion meaning that not even the expected €163.1 billion GDP for 2009 will cover its cost.. ...... ..(more)  Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:23:52 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23882</link>
     <author>editor@datafileportugal.com</author>
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     <title>GDP to shrink 4.5% in 2009</title>
     <description><![CDATA[Outlook: 
The Portuguese economy is expected to shrink by 4.5% in 2009 and show little improvement in 2010, while unemployment is expected to reach record levels of 11.2% in 2010, says a June 24 report. The OECD’s May economic outlook says unemployment in Portugal will continue to rise sharply to end 2010 (11.2%) from 9.6% end 2009.....(more)  Read Article>>]]></description>
     <pubDate>Sun, 28 Jun 2009 13:24:39 -0000</pubDate>
     <link>http://datafileportugal.com/cgi-bin/article.pl?id=23880</link>
     <author>editor@datafileportugal.com</author>
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