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Banking and Capital Markets
2006-11-15
The Portuguese Government presented the strategic guidelines for Portugal’s high-speed train network, which includes links from Lisbon to Oporto, Lisbon-Badajoz (Spain) and, to the surprise of many, Oporto-Vigo (Spain).
Banking and Capital Markets
2006-10-20
On 11 October 2006, four regulations of the Bank of Portugal in connection with the mortgage-backed bonds and public sector-backed bonds entered into force.
Macedo Vitorino & Associados
2006-10-12
Macedo Vitorino & Associados analyses the implications that the granting of loans to Portuguese companies benefiting from the application of article 501 of the Portuguese Companies Code or article 27 of the Tax Benefits Code has in respect to State aid rules. In the cases where the Commission finds that borrowers have benefited from preferential rates, on account of the application of the mentioned articles, it may require them to repay the difference between the preferential rate they received and the rate they would have obtained on the open market.
Competition
2006-10-12
European Commission rules against the Spanish Energy Regulator’s measures concerning E.ON’s bid for Endesa
Telecommunications
2006-09-29
The Portuguese Competition Authority’s preliminary decision establishes conditions to approve the takeover bid launched by SONAE over PT
Environment
2006-09-18
The Portuguese Government approves a new Strategy for Portuguese Forest Sector.
Banking and Capital Markets
2006-09-18
The Government set out the conditions for the subsequent phases of the re-privatisation procedures of Galp and Portucel.
Energy
2006-08-29
The new law governing the generation, transmission, distribution and commercialisation of electricity was published
Banking and Capital Markets
2006-08-09
Portugal Telecom, SGPS (PT) announced that it intends to spin off its 58.43% interest in its subsidiary PT Multimédia (PTM).
Competition
2006-07-25
The Portuguese Competition Authority applied a fine of €910,000.00 to four undertakings acting in the salt sector.
Competition
2006-07-11
The Minister of Economy reversed the Competition Authority’s decision to block the acquisition of joint control of Auto-Estradas do Atlantico by Via Oeste and Auto-Estradas do Oeste.
Corporate and Commercial
2006-07-07
The Portuguese Government approves the legal framework on the incorporation of companies on-line, one of the measures included in the Simplex Programme, and implements a central registration of the certification of documents by attorneys.
Litigation and Arbitration
2006-06-27
The Government plans to introduce some amendments regarding the appeals on civil proceedings, the competence of judicial courts and of the “julgados de paz” (amicable courts) and to introduce an experimental measures aimed at simplifying civil procedures.
Project Finance
2006-06-21
The Portuguese Government will announce the public-private partnership model for the construction and operation for the new Lisbon Airport (NLA) in September 2006. The Airports Master Plan is expected to be presented in July.
Banking and Capital Markets
2006-05-31
The Portuguese Government enacts new rules regarding the distance marketing of consumer financial services and on the reorganisation and winding-up of financial institutions.
Macedo Vitorino & Associados
2006-05-25
Macedo Vitorino & Associados commemorates its 10th anniversary. The firm was established in 1996 with an innovative and client oriented approach. Since the foundation of the firm we have focussed on new and challenging opportunities. As a result, presently, banking, telecommunications and energy represent a significant part of our business.
Project Finance
2006-05-03
The Portuguese Government will establish Public/Private Partnerships (PPPs) for the construction and the management of new prisons.
Banking and Capital Markets
2006-04-27
The shareholders of Portugal Telecom did not vote defensive measures against SONAECOM's hostile takeover offer.
Banking and Capital Markets
2006-04-20
The European Commission published a draft of new guidelines on state aid and risk capital to small and medium-sized enterprises.
Corporate and Commercial
2006-03-30
Significant amendments to the Portuguese Companies Code have been enacted with the purpose of reducing bureaucracy in corporate procedures.
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