ATM figures down
ATM cash withdrawals in Portugal were down €224 million in December in comparison to the same month last year. Payments made using debit cards also fell 6.6% in that month,
Car trade slumps by 31% year on year
by CHRIS GRAEME chris.graeme@theresidentgroup.com December was the worst month in 2011 for car sales in Portugal in a year which saw sales plummet by 31% on 2010. Sales of new
Chinese state energy giant buys stake in EDP
by CHRIS GRAEME chris.graeme@theresidentgroup.com The Portuguese government insists that the deal it has struck with the Chinese state-run power company Three Gorges is “good for the company and good for
A better life for Guilherme
by SOPHIE MCCARRICK sophie.mccarrick@theresidentgoup.com Four-year old Guilherme Sequeira was born with the umbilical cord around his neck, which staved his brain of oxygen and caused damage to many brain cells.
ALFA in English is back
ALFA, the association of literary friends of the Algarve, will be holding its first English-speaking meeting of 2012 on Wednesday, January 11at 2.30pm and from then on the second Wednesday
Unsolicited security cold calls continue
By Sophie McCarrick sophie.mccarrick@theresidentgroup.com An alarm company that misled residents by claiming that local councils would pay for the installation of home security systems is continuing to make unsolicited calls.
Surinam smasher
Lagoa badminton ace Pedro Martins continued his push for a place at the 2012 London Olympic Games with a 14-21, 21-16, 21-18 victory over Austria’s Michael Lahnsteiner in the final
WESTERN HOPE
There is excitement building in the football-bereft extreme western Algarve. Third division Esperança de Lagos, who have been heading up the league table for most of the current season, are
Donations in memory of helicopter crash victim
A collection in memory of Harriet Nicholson will be made on December 12 at the Olhanense game against Academica, organised by family friend Chris Wright. Harriet died on November 8
President criticises lack of supervision
Portugal President Cavaco Silva has blamed European supervision for allowing the sovereign debt crisis to get out of control. Speaking at Stanford University last week, during his official visit to

