Go-go Gomes

Busy Portimão mayoress Isilda Gomes has now got a new responsibility. Not only in charge of one of the country’s most indebted municipalities, she has now been elected to lead

May 18, 2014by shareit

Final curtain

Portimonense concluded what ultimately turned out to be a disappointing season with a low-key 1-0 home win over Oliveirense. In front of only 600 non-paying fans, the Algarveans exerted early

May 18, 2014by shareitIn

Private banks in the doldrums

Losses || As two international banks turn their backs on Portugal – and a third is said to be seriously considering its options – news on Friday reveals that Portugal’s

May 17, 2014by shareitIn

EDP offers 200 jobs

Strategy || Electricity supplier EDP is “renovating its staff” and looking for 200 interns to turn things round. According to the group’s CEO António Mexia, the company has a new

May 17, 2014by shareitIn

BBVA (also) pulls out of Portugal

Closing || Just a week after banking giant Barclays announced it is pulling out of Portugal, news has emerged that Spanish bank BBVA is also packing its bags. According to

May 16, 2014by shareitIn