by Tatiana Repkova

Cofina SGPS plans to invest about 2 million euro to launch a free daily newspaper which will begin publication June 6, according to an official source at the media group. The paper, to be called Meia Hora, will print 100,000 copies and will have between 24-32 pages in full colour. It will compete with paid reference Portuguese dailies such as Publico, owned by Sonaecom SGPS, and Diario de Noticias.

AFX News Limited; http://www.forbes.com/markets/feeds/afx/2007/05/24/afx3754595.html; May 24, 2007