Employer training news in Portugal

1373: Portugal and England sign the Anglo-Portuguese Treaty in London, a pact of perpetual friendship between King Fernando I and King Edward III. Renewed at Windsor in 1386, the treaty is the oldest still-active diplomatic alliance in the world.
1808: Fishermen and farmers of Olhão, in the Algarve, rise up against the French occupation force, forcing the small garrison to flee. A schooner crewed by Olhão men — the &#x27;Bom Sucesso&#x27; — would soon carry the news of the revolt across the Atlantic to the Portuguese court in Rio de Janeiro.

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Companies have already withdrawn more than €120 million from the Labour Compensation Fund

💶 Finance 🏛️ Government 💼 Work#employer-training+3 more

Data from the Ministry of Labour, provided to ECO, shows companies have withdrawn more than €120 million from the Labour Compensation Fund (FCT), with the bulk of disbursements used to finance worker training. Employers can still claim roughly €517 million from the fund before the deadline at the end of the year, signalling significant ongoing demand and potential pressure on FCT resources. The pattern of withdrawals highlights how firms are reallocating statutory employer liabilities towards upskilling and may have implications for labour policy and fund sustainability.

ECO8 Jan

Companies have already withdrawn more than €120 million from the Labour Compensation Fund