Almost 40,000 workers face the chop as Government refuses to budge on State Budget
Despite the controversial decision by Constitutional Court judges to veto key Government spending cuts for next year’s state budget, Finance Minister Maria Luís Albuquerque is forging ahead as planned. Her
Brussels cranks-up pressure on Portuguese government to act over asbestos
It has taken months of pressure, but at last the EC has pronounced on the ongoing fight to get the government to deal with the hundreds of public buildings, many
Damning IMF report comes as Portugal’s deficit increases by 7 billion
As Eurostat reports that Portugal’s deficit has increased by 7 billion – tipping it six full percentage points over the government’s expectations – a damning new report commissioned by the
Portugal’s disgraced BES bank chief and Deputy PM Paulo Portas travel to Angola in separate bids for financial support
Angola is the chosen destination this week of Deputy PM Paulo Portas, days after the disgraced former BES banking boss Ricardo Salgado allegedly travelled to Luanda in a bid for
St Patrick’s Society garden party
Two members of the St Patrick’s Irish Society of the Algarve recently turned their garden into a little bit of Ireland in honour of their Ambassador. Irish Ambassador to Portugal
Spanish Bank BBVA cancels Portugal sale, blaming fallout from BES
Problems assailing the Grupo Espírito Santo and impacting on the country’s BES bank have prompted Spanish bankers at BBVA to pull-out of their much-publicised bailout from Portugal. According to Spanish
PSP on high alert over controversial teachers’ test planned for tomorrow
As teachers movement Boicote & Cerco (Boycott and Siege) threatens renewed protests up and down the country, PSP police are reported to be on high alert for tomorrow’s controversial teachers’
Shareholders sue PT over €900 million ‘lost’ in BES scandal
As the Attorney General’s office announces it has launched ‘various inquiries’ into the banking crisis within Grupo Espírito Santo (GES), news comes that as many as 50 shareholders in Portugal
Job stress costs Portugal €300 million per year
The data comes from the Order of Portuguese Psychologists (OPP): work-related stress costs Portugal over €300 million per year. Whether due to the costs of medical treatment for affected workers
Hoteliers slam government's ‘green taxes’
AHETA, the Algarve’s hotelier association, has publically slammed the 39 ‘green taxes’ proposed last week by a government-appointed commission. In an official statement, the association claims the taxes are aimed