CGD privatisation
As big-name banks pull out of Portugal, the government is reported to be preparing to sell off Caixa Geral de Depósitos (CGD) by the end of 2015. The announcement came
NOS takes on MEO and reaches for the stars
It’s a brand new operator in the telecommunications sector and it promises to give market leader MEO a billion-euro run for its money. NOS – the fusion of ZON and
Update: PM’s bombshell sends coalition scuttling
Prime Minister Pedro Passos Coelho’s announcement that the PSD may well consider an alliance with the Socialists after the 2015 general elections has left his party’s coalition partners in a
Portugal’s prison services at breaking point
The Directorate-General for Reintegration and Prison Services (DGRSP) has warned that a €27-million deficit in its budget this year is leading to a chronic lack of funds and staff shortages.
Portimão to host ‘coolest market of the south’
‘Lota Cool Market’ is the name of a new project launched by the Teia D’Impulsos organisation, to be held in the old fish market building (Antiga Lota de Pesca) in
UPDATE: 14-month-old baby “removed” from Irish holidaymakers suspected of negligence
A 14-month-old baby girl is recovering in hospital after being forcibly removed last night from her drunken Irish parents on holiday in a hotel in Albufeira. Details are scarce but
Eagles soaring high
Benfica completed the hat-trick of domestic trophies when they added the Portugal Cup to the Primeira Liga title and League Cup, with a 1-0 victory over Rio Ave. Nico Gaitán’s
Language and archaeology
Lecture || António Almeida will be the speaker at the next lecture organised by the Algarve Archaeological Association. He will be discussing ‘Language and Archaeology’ on June 3 at two
Portuguese women “live longer”, says WHO
Study || Could this be the flip side to the news last week that everyone in Portugal drinks too much (see story HERE)? Now we are told by the same
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