Government investments raise share prices
A 250 billion US dollar plan to buy stakes in a variety of banks was announced by the US government on Tuesday. President George W Bush said that the latest
Portuguese government guarantees bank deposits
By: CHRIS GRAEME chris@the-resident.com PORTUGAL’S STOCK market plummeted by 10 per cent on Monday wiping more than 12 million euros of the value of shares in one day. It brings
Government collapse
THE SPEAKER of the Ukrainian parliament announced on Tuesday that the country’s ruling pro-western coalition had officially collapsed following disputes between the President and Prime Minister. President Victor Yuchenko’s Our
Câmaras threatened by central government budgetary cuts
A TOTAL of 30 municipal câmaras may have to face cuts in the cash they receive from the government next year because they have broken new government laws on the
Government measures to fight economic crisis
By: CHRIS GRAEME chris@the-resident.com GOVERNMENT MEASURES announced to fight the economic crisis should generate an extra 20 million euros for the state’s coffers. Extra help announced by the Prime Minister
Government needs to redefine priorities
THE NEW PSD leader, Manuela Ferreira Leite, has blasted the government for investing millions on public works projects at a time when the country is full of “desperate people”. Speaking
Board of Corruption proposed by government
THE PS government is hoping to push through parliament legislation for a new anti-corruption fighting organisation. The Board for the Prevention of Corruption, Conselho de Prevenção da Corrupção, would be
Fuel protest ends after unions and government agree deal
By ELOISE WALTON eloise@the-resident.com LORRY DRIVERS in Portugal ended their protests against the high cost of fuel on Thursday following negotiations last night with the minister for public works, transport
Government to launch concession bid for new airport roads
THE GOVERNMENT is to launch a competitive tendering bid for concession rights to the access roads serving Lisbon’s new international airport. The Minister for Public Works and Transport, Mário Lino,
Portuguese government losing public confidence
THE PORTUGUESE government is losing popularity three years after winning the elections with an absolute majority. According to the latest surveys, the government is not managing to maintain the confidence

