The European Commission announced the winners of the iCapital award, which is awarded to the European Capital of Innovation. This year, Lisbon (Portugal) was the winner as the European Capital of Innovation and Linköping (Sweden) was the winner as the most innovative city.

This award, which reaches its ninth edition in 2023, is organized with the support of the European Innovation Council, within the framework of Horizon Europe. It consists of giving recognition to cities that have achieved integrative innovation ecosystems of the academic sectors, companies and the public sector in search of social well-being.

According to the Swissinfo portal, the iCapital award “is one of the five European Innovation Council awards that are awarded within Horizon Europe, the research and innovation framework program of the European Union. The award is open to cities in all EU Member States and Horizon Europe associated countries, and is managed by the European Innovation Council and the Executive Agency for SMEs.”

The European Capital of Innovation Awards (iCapital) highlighted Lisbon in the European Capital of Innovation category, with Warsaw (Poland) as first runner-up and Lviv (Ukraine) as second runner-up.

In the Most Innovative European City category, Linköping (Sweden) won; Padua (Italy) was first runner-up and second runner-up was Cork (Ireland).

The Commissioner for Innovation, Research, Culture, Education and Youth, Iliana Ivanova, presented the awards in Marseille during a ceremony organized jointly with Aix-Marseille Provence Métropole, winner of iCapital 2022.

M.Pino

Source: ec.europea.eu

(Reference image source: Liam McKay, Unsplash)

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The Portuguese Prime Minister, António Costa, presented his resignation this Tuesday, after the Prosecutor’s Office included him in an investigation for alleged crimes of prevarication and corruption linked to the lithium and green hydrogen sector within the Government, although he has not been charged for the moment.

“I understand that dignity is not compatible with any suspicion (…) The dignity of the prime minister’s functions is not compatible with any suspicion about his integrity (…) that is why, obviously, I have submitted my resignation,” Costa announced after meeting with the president, Marcelo Rebelo de Sousa.

From the Sao Bento Palace, headquarters of the Portuguese Assembly, Costa began his intervention before the media showing his “surprise” because the Prosecutor’s Office has included him in said investigation. “I close a stage with a clear conscience,” he declared, while ensuring that he will collaborate with Justice “in everything he deems necessary.”

Costa has stressed on several occasions that the position of prime minister is incompatible with any type of suspicion about his honorability, while at the same time he has stressed that he leaves without any charge of conscience for the commission of any “illegal” or “reprehensible” act. In response to questions from the media regarding his political future, Costa has announced that he will not run in the next elections.

Early on Tuesday, the Prosecutor’s Office carried out several searches, including the headquarters of the Ministries of Environment and Infrastructure, as well as several offices in the Sao Bento Palace, in Lisbon, for suspicions of corruption in the granting of a series of contracts. public related to the exploitation of lithium deposits and a project to produce energy with hydrogen.

The Police also carried out searches at the official residence of the prime minister, to examine the office of his chief of staff, Vítor Escária, who has been arrested, as has the mayor of Sines, the socialist Nuno Mascarenhas, and the businessman Diogo Lacerda Machado, a close friend of Costa.

The searches of several hours at the Environment and Infrastructure headquarters culminated in the accusation of those responsible, Duarte Cordeiro and Joao Galamba, respectively.

Source: dpa

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This Wednesday, the Court of Justice of Lisbon, Portugal, issued a ruling in favor of Venezuela in the case of the 1,500 million dollars that remained withheld at Novo Banco.

The Portuguese entity had withheld the funds in 2019, “after the United States Department of the Treasury announced in January of that year that it would impose sanctions on the PDVSA oil company.”

Consequently, 7,000 million dollars were frozen, as well as all the payments that had to be made to the United States companies that bought Venezuelan oil through Citgo, a subsidiary of PDVSA.

Now, after the court’s ruling, the Portuguese government will have to make the payment “of the final balance on the date of cancellation of the contracts and late-payment interest.”

The Venezuelan government was pleased to hear the news and indicated that it is a victory for the people. The money recovered will be available for social investment.

However, according to statements by former National Assembly deputy Carlos Paparoni, Maduro will not have access to the funds unfrozen by Portugal, given that they are under US Treasury measures. The Vice Minister of Anti-Blockade Policies of the Ministry of Economy and Finance, William Castillo, confirmed this information on his account on the X social network.

For his part, the candidate for the opposition primaries, Henrique Capriles, called on all unions and workers’ unions in the country for the money to be allocated to a $150 bonus for pensioners and public sector workers.

M.Pino

With information from national and international media, agencies and social networks

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The JP Morgan AM Strategy Director for Spain and Portugal, Lucía Gutiérrez-Mellado, indicated in a meeting with the media that her baseline scenario for developed economies is one of “discrete but positive growth”, thanks to the strength of the labor market and consumption, so the possibility of recession for the remainder of the semester is diluted.

During the presentation that the manager made of its vision of the market and strategy for the coming quarters, Gutiérrez-Mellado predicted that, in this context, the Federal Reserve (Fed) will undertake one more rise in interest rates, up to the range of 5.25-5.5 %, despite the fact that its members of government have dropped the possibility of two more increases.

For its part, the European Central Bank (ECB) would raise rates with two increases of more than a quarter of a point, up to 4.5 %; and, in both cases, these maximum rates will be maintained for longer than what investors discounted to curb inflation.

The technical recession in the euro area, two quarters of negative growth, the last of last year and the first of this, caused by Germany, is temporary, the board of directors pointed out, since “it is already coming out of recession” and, furthermore, “it has barely been noticed in the markets” due to the strength of the labor market and corporate profits, so there will be growth this year.

The situation can be extrapolated to the United States but with the nuance, highlighted the executive, that it is still early to know the consequences of the regional banking crisis last March, although the authorities reacted well and deposit outflows have stabilized.

In this sense, the expert stressed that in the future, there will be a greater convergence between the regulatory requirements of the big banks and the regional banks after that episode that resulted in the bankruptcy of entities such as Silicon Valley Bank (SVB).

Source: dpa

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A strategic alliance between Mexico, Colombia, Chile, Brazil and Portugal, with the Association of Independent Energy Marketers (ACIE), from Spain, aims to “promote actions aimed at promoting commercialization in the region.”

Among the main objectives of this agreement is to achieve a solid balance in the region between public policies and the interests of end users, “in the context of the energy transition.”

The consumer and his interests are the main focus of all the principles enunciated in the document of this agreement. “The fulfillment of the objectives of the energy policy must be in favor of the interests of the final consumers. We support with the same force the actions in favor of the mitigation of climate change and access to competitive prices and conditions”, the document indicates.

The organizations Acie, Abraceel (Brazil), ACE (Mexico), Acce (Colombia), Acen (Chile) and Acemel (Portugal), together with ACIE (Spain), participate in this alliance. All have declared their commitment to “promote effective competition in the energy markets, in order to enable the delivery of flexible services according to the needs of each end user.”

Access to competitive prices by consumers will be achieved through the implementation of a common energy market in the physical coupling areas, with the participation of the different market agents.

M.Pino

Source: elperiodicodelaenergia

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Ukraine has officially joined this Wednesday the candidacy of Spain and Portugal to organize the World Cup in 2030, the three parties have confirmed at a joint press conference in Nyon (Switzerland), UEFA headquarters.

This proposal, indicated in a press release by the RFEF, “has the unconditional support of UEFA in a global project that transforms European football in an exceptional situation.” “Luis Rubiales and Fernando Gomes, top leaders of the RFEF and the FPF, understand that there is nothing better than a World Cup to strongly transmit a message that will serve as a source of inspiration in the future,” he added.

The candidacy has “the full support” of Aleksander Ceferin, president of UEFA, and is intended to “build bridges and project a message of unity, solidarity and generosity on the part of all European football.” “The candidacy strengthens ties with Europe, generating hope and providing reconstruction tools to the Ukrainian people, who have expressed their pride and gratitude for participating in this project,” he stressed.

The Coordinating Commission of the 2030 World Cup, led by Antonio Laranjo, is already working with the participation of Ukraine, which will soon incorporate the members of its delegation. The Ukrainian arrival does not alter the established roadmap, since Spain maintains its eleven venues and Portugal will continue with three.

“The candidacy of Spain, Portugal and Ukraine has the approval of both the Government and the Head of State, and will meet all the deadlines for delivery according to the FIFA order book. We trust that the football family embrace and support this initiative,” declared the RFEF.

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Source: dpa

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The Prime Minister of Portugal, António Costa, announced on Monday a series of government measures that seek to help citizens face inflation, which includes an aid plan for 2.4 billion euros.

According to Costa, a check for 125 euros per person is expected, as well as an additional 50 euros for each child to citizens whose gross salary per month is 2,700 euros.

To this measure will be added a reduction in taxes on energy, one of the sectors in crisis at the moment not only in Portugal but throughout Europe and other regions due to the Russia-Ukraine conflict.

The Prime Minister of Portugal added that the Executive also plans in this package of measures, called “families first”, to grant an extraordinary increase in pensions, another aspect that different European countries have been dealing with.

Costa pointed out at a press conference that the government is studying a proposal to be voted on by the deputies on a reduction in VAT on electricity (from 13 to 6 %), and the extension until the end of the year of the reduction in taxes on fuels.

M.Pino

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Source: bancaynegocios

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The Assembly of the Republic of Portugal recently rejected the proposal to apply taxes on the use and trade with cryptocurrencies.

Initially, the proposal dictated that the Government propose a “minimum threshold of 5,000 euros on cryptocurrency assets, in order to tax their capital gains.”

This proposal comes directly from the Portuguese tax body, which went through a process of analyzing the new tax framework applicable to digital assets, responding to the request of the local government.

“The Government supports a concerted position on this matter at European level. However, it determined, by order of the Secretary of State for Tax Affairs, dated 2021, that the Tax and Customs Authority must study the framework of cryptoactive instruments in light of international best practices.”

The main idea is to tax profits with commercial operations for cryptocurrencies and their profits, as long as they exceed the threshold of 5,000 euros. It was also under consideration to apply taxes such as the payment of VAT (value added) among others.

K. Tovar

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Source: Diariobitcoin

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Marcelo Rebelo de Sousa, President of Portugal, signed this Sunday the decree of official dissolution of the Parliament of the country and called early elections for this January 30, 2022, as he had announced the previous month. The signing of the decree was announced through a statement.

The president waited until the last day, which ended this Sunday, December 5 in accordance with the provisions of the law, to officially dissolve the Parliament of Portugal in order to give the legislative body time to process the largest number of laws that were pending, such as the anti-corruption measures and the law on euthanasia, which was vetoed.

The dissolution of Parliament is a consequence of the rejection of the budget for 2022 presented by the “Socialist Government of António Costa in the Chamber at the end of November, with the votes against his former left-wing partners.”

Give the power back to the people of Portugal

Given this scenario, the president of the country considered it necessary to call elections as a solution to the problem and blockage of the budget, which occurred just in the middle of the term of the legislative power. “It is part of the life of democracy to give the power to the people,” said the President on November 4 when he announced the decision to call early elections.

António Costa, from the socialist party, will run again to be prime minister and maintains the leadership in the polls. However, opinion studies maintain that there will be no absolute majority, therefore the strategy is to negotiate.

Costa came to power as prime minister in 2015 and although his party was not the most voted, he established agreements with the parties of the left, managing to stay in office for 4 years. In 2019 the Socialists managed to win, but “eight deputies of the absolute majority remained and Costa decided to govern alone without agreements, negotiating measure by measure, a strategy that was exhausted two years later.”

M. Rodríguez

Source: larazon.es

La entrada President of Portugal dissolves Parliament and calls early elections apareció primero en Bitfinance.

The Portuguese Cristiano Ronaldo, a Juventus Turin player, received this weekend a recognition of 770 Fan Token for having reached 770 goals in his career.

The 36-year-old footballer is considered the first in this sport to receive crypto token as an award for his career.

👏 👏 a @Cristiano 👏👏
A lui va lo Juventus Fan Token Award powered by @socios per i suoi 770 gol! 😍#CR770 #JuveBenevento pic.twitter.com/tPXh8oivr1

— JuventusFC (@juventusfc) March 21, 2021

Today, the Portuguese is considered one of the most complete soccer players. In addition to having reached this number, in his career he has achieved other records such as the highest winner of the UEFA Best Player Award in Europe, with three titles.

$ JUV Fan Tokens are digital assets that allow Juventus fans to interact with the club and participate in different decisions through the Socios.com app. Furthermore, these Juventus Fan Tokens are listed on different cryptocurrency exchanges, with a capitalization value of more than 21 million US dollars.

K. Tovar

Source: DiarioBitcoin

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