EUR weekly update
The European single currency has maintained its recent strong tone having gained further ground against both the US dollar and British pound over the last week. Weak European inflation currently
EUR weekly update
The European single currency has maintained its recent strong tone having gained further ground against both the US dollar and British pound over the last week. Weak European inflation currently
Take the hassle out of regular overseas payments
If you are one of the thousands of Brits who currently own a home in Portugal, it’s likely that you will have moved a large amount of money between countries
Over €156 million in escudo banknotes still ‘out there’ somewhere
They could be in collections, taken by tourists as souvenirs, or simply lost in forgotten hidey holes but almost 15 years since the introduction of the euro, there are almost
Over €4000 in collection-money stolen from VRSA priests
Police are investigating the theft of over €4000 in collection money stolen from the rooms of four priests in Vila Real de Santo António. The heists came all at once
Portugal ranks 7th place in fight against tax fraud
A European Commission study has pegged Portugal in 7th place in a table of countries that most effectively deal with tax fraud – particularly IVA (VAT) dodging. According to the
Customers stunned after receiving paper money from Multibanco machine
Paper money Customers making withdrawals from the Multibanco machine at Foz Plaza shopping centre in Figueira da Foz were stunned when they received squares of paper. “I wanted €100 and
Portuguese spending more money this Christmas
Portuguese people are reported to be spending more money on their Christmas shopping this year than they did in 2013. SIBS, the entity that runs the national Multibanco ATM system,
Troika || Black economy now 60% of troika bailout
A new study has shown that while the official economy may be struggling, Portugal’s black economy has never had it so good. It is now worth a record 26.81% of
Government approves dizzying “fiscal witchhunt”
In a desperate bid to swell State coffers, fines for shops and businesses are being doubled – in some cases, they will be tripled. According to Diário de Notícias this