Portugal’s gold reserve worth more than €33 billion
With the price of gold steadily increasing, Portugal’s reserve held by its central bank, is worth around €33 billion. The Bank of Portugal has around 383 tonnes of gold. Between
Morocco earthquake felt in Algarve
A 4.9-magnitude earthquake struck northern Morocco on Monday and was felt in the Algarve, including Albufeira, Faro, Loulé, Olhão, and Silves, according to IPMA. The quake’s epicentre was 75 km
Portuguese government “considers selling 49% of TAP by March”
Bloomberg breaks news as stories pepper media on ‘other issues’ involving TAP Portugal’s government is considering selling at least 49% of the share capital of national flag carrier TAP, in a
Fishermen push for further changes to Portugal’s offshore wind farm plan
Plan “absorbs largest fishing site” off north western Viana do Castelo In spite of concessions made to the national offshore wind farm plan, fishermen are still not happy. The VianaPesca
Tavira hosts “Winter Sun” Festival
Sol de Inverno returns this weekend to warm up the city with music, street food, sports and more. The Sol de Inverno Festival, which kicked off on January 18, returns
Algarve mayoral candidates confirm bids
António Pina, Hélder Martins and Ricardo Calé will be running Three new mayoral candidates have confirmed their bids in the Algarve for the 2025 local elections (Eleições Autárquicas). António Pina,
Wild weather rocks Algarve
Algarve hit by bad weather this morning This Tuesday morning’s wild weather caused multiple incidents across the Algarve, ranging from a waterspout off the coast of Lagos to a “mini
Portugal plummets in global Corruption Perceptions Index
Country “in continuous decline since 2015” Portugal has plummeted nine places in the 2024 Corruption Perceptions Index, obtaining its worst result ever “particularly driven by the perception of abuse of
Faro hosts 8th Guitar Festival
From February 13 to 16, the city will host exclusive concerts featuring renowned guitarists. The 8th edition of Faro’s Guitar Festival takes place this week, between February 13 and 16.
Sweet treats at Loulé Chocolate Fair
Already in its 15th edition, the beloved event allows visitors to taste a variety of chocolate creations until February 16. Cherished by chocolate lovers, Loulé’s popular Chocolate Fair is returning