Families assaulted and robbed at home
by INÊS LOPES & PAULO SILVESTRE ines.lopes@theresidentgroup.com Two families of foreign residents and an elderly Portuguese man have been violently attacked and robbed at their Algarve homes, in separate incidents,
Sun and sea continue to be a winning formula
by INÊS LOPES ines.lopes@theresidentgroup.com Algarve’s tourism authority is confident that it has set a clear marketing plan for 2012, with strong focus being placed on the winning formula of sun
60,000 emigrate to Brazil in search of a better life
By Chris Graeme chris.graeme@theresidentgroup.com The economic and financial crisis in Portugal is leading to emigration en-masse to Brazil, Angola and France. After 20 years in which Portugal became a net-importer
easyJet’s big plans for 2012
By CHRIS GRAEME chris.graeme@theresidentgroup.com Luton-based low-cost airline carrier easyJet looks set to have transported a healthy 3.7 million passengers to Portugal by the end of this year – 200,000 more
Unemployment soars in Portugal
After two months of relative stability, unemployment levels in Portugal shot up again in September. Reaching levels of 12.5% of the working population, the figures released by Eurostat – the
Portuguese more pessimistic than ever
The vast majority of Portuguese believe that their financial situation will be worse in a year from now. They have never been as pessimistic about the country’s economic situation as
Gas drilling gets go-ahead
By Emma Bertenshaw editorial@theresidentgroup.com Repsol, the Spanish gas and oil exploration giant, and German company RWE have been given the green light by Portugal’s Secretary of State for Energy, Henrique
European Bowls Union chooses Portugal
Bowls Portugal announced this week that the European Bowls Union (EBU) have chosen Portugal for their annual Championships, which are to be played on the two rink facility at Vilamoura
Race to Portugal
Quinta do Lago will host the second edition of the ‘Monte da Quinta – Race to Portugal’ golf tournament on November 8 and 9. Last year the competition involved 16
Solution to credit problem
By Chris Graeme chris.graeme@theresidentgroup.com The President of Banco Espírito Santo Investimento says that the way to return credit to the economy is by widening the timeframe for deleveraging. Deleveraging is

